VAT on fixed parts of households' electricity and gas bills will rise from 5.5% to 20% on August 1st. Interest rates for the popular Livret A savings account will decline from 2.4% to 1.7%. Prime Minister François Bayrou aims to save €40 billion in the 2026 Budget. Météo France warns of a risky summer for wildfires, issuing daily updates. Strikes are anticipated in the rail and motorway sectors, with Sud Rail announcing open-ended strike notices through September 1st.
VAT on the fixed part of households' electricity and gas bills will increase from 5.5 percent to 20 percent on August 1st, in line with an EU directive.
Interest rates for the Livret A savings account are set to fall from 2.4 percent to 1.7 percent on August 1st, marking another drop.
Prime Minister François Bayrou aims to save €40 billion as he outlines the 2026 Budget and will engage opposition parties throughout the summer.
French weather forecaster Météo France has predicted heightened wildfire risks for the summer, with updates to the wildfire risk map provided daily.
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