“The conflict in Europe has caused numerous consequences in the field of energy and led to rising prices ... We must weather this storm together, protecting the most vulnerable segments of the population,” TASS quotes him.

The head of state promised that the authorities would provide assistance to those most in need, including students.

“As a result of helping families, the price of gas and electricity will increase at the beginning of next year by only 15%, and not by 100%, as is determined by market prices,” Macron explained.

He added that because of the crisis, France's revenues fell by €85 billion.

Earlier, the head of the French Ministry of Economy promised to take measures to prevent a sharp increase in gas and electricity prices in 2023.

Laurence Boone, Secretary of State for European Affairs at the French Foreign Ministry, admitted on France 2 TV that electricity prices in France will continue to rise in 2023.