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Reuters
Reuters
Business

France's top priority is ending inflation, Le Maire tells Yellen at G20

FILE PHOTO: French Minister for Economy, Finance, Industry and Digital Security Bruno Le Maire arrives for a meeting with heads of the 50 industrial sites in France that emit the most greenhouse gases (GHGs) as well as advocates of low-carbon solutions at the Elysee Palace in Paris, France, November 8, 2022. REUTERS/Benoit Tessier/File Photo

French Finance Minister Bruno Le Maire said on Monday that Europe and France were paying a heavy price for Russia's actions in Ukraine through higher energy prices and inflation, and France's top economic priority was to bring these down.

Le Maire told U.S. Treasury Secretary Janet Yellen at the start of a bilateral meeting on the sidelines of the G20 summit in Bali that it was important for the United States and France to work together to quell inflation.

"So I really think that's the issue that we have on the table, is how to bring down energy prices and how to get rid of inflation," Le Maire said.

(Reporting by David Lawder; Editing by Bradley Perrett)

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