Sébastien Lecornu warns that the crisis in the Middle East will have lasting effects on fuel prices and the French economy. The government is preparing new aid for affected sectors such as agriculture, fishing, transport and construction, while anticipating an impact on public finances and the army budget.
“Unfortunately, this geopolitics has settled in the reservoir of the French and this will last.” Sébastien Lecornu issues a warning to the French. The Prime Minister must present in two days a new support plan in the face of the economic consequences of the crisis in the Middle East.
He promises new aid for the sectors most affected by the surge in fuel prices, agriculture, fishing, transport and even construction. But behind these upcoming announcements, the government is also preparing the French for a crisis that is set to last.
The government fears a terrible economic impact
The executive now fears a broader impact on all economic activity in the country. “The State will not abandon any of the professions hit by the crisis,” promises Sébastien Lecornu. Fishermen, farmers and transporters should therefore see their aid increase, while new sectors could be affected, announced the Prime Minister.
“We will have to scale up too. Either by sector, or obviously depending on new professions which could be concerned. We are in the process of putting a final touch, if I dare say, to these different announcements”, detailed Sébastien Lecornu, which works to be transparent about the consequences of the crisis.
“We must not lie to the French, all scenarios are on the table, including the resumption of fighting,” says the tenant of Matignon, who warns about the duration of the conflict and its effects. “Unfortunately, this geopolitics has settled into the reservoir of the French and unfortunately we see it in one form or another, it will last.”
This will have consequences on public finances, beyond fuel aid. The presence of French armed forces in the Middle East should force the executive to review its budget devoted to the armed forces for 2026.
