Business

War costs France 4-6 billion euros so far: Minister

Local residents sit at the foot of the Statue de la Republique at Place de la Republique in Paris on April 20, 2026. (Photo by Charlotte SIEMON / AFP)
 
Local residents sit at the foot of the Statue de la Republique at Place de la Republique in Paris on April 20, 2026. (Photo by Charlotte SIEMON / AFP)


PARIS - The crisis in ​Iran ​and its repercussions on the energy markets have cost France anywhere between 4 ⁠billion euros ($4.71 billion) ⁠and 6 billion euros, said the country's economy minister ‌, Roland Lescure, ​on Tuesday.
This ⁠impact would ​include higher government ‌debt costs triggered by ​the current market environment, Lescure told French radio station RTL.
He added he ‌will present measures ​to freeze spending on Tuesday ​and ‌that ⁠Prime Minister Sebastien Lecornu would also announce ​steps to help ⁠consumers ​deal with higher energy prices on Tuesday evening.