Evening Update Monday 10th of June 2024

NEWS
What to Expect after the National Assembly's Dissolution - After President Emmanuel Macron dissolved the National Assembly, French political parties are gearing up for legislative elections on June 30 and July 7. The far-right National Rally (RN), led by Jordan Bardella, is leading with 31.4% of the vote and is considering an alliance with Eric Zemmour's Reconquête party, totalling nearly 40% of the vote. Left-wing parties are calling for a "Popular Front" to oppose the far-right. The Republican Party has refused any alliance with Macron's majority. Government officials stress the need for a new dynamic and cooperation, while Economic Minister Bruno Le Maire warns of significant election consequences.

Gas Price Increase from 1st July - The price of gas in France will rise by an average of 11.7% starting July 1, according to the energy regulator. This increase means an additional €124 on the annual gas bill for gas consumers. The increase mainly results from higher distribution costs despite a 20% drop in gas consumption from 2021-2023. Most suppliers, like EDF and Engie, will pass this increase on to consumers. The energy regulator advises consumers to compare offers to find the best deal.

Fraudulent Ticket Resale Sites - Cyber police have discovered 338 fraudulent ticket resale sites for the Paris Olympics, two months before the opening ceremony. These sites either sell tickets without authorization or scam users for their bank and personal details. So far, 51 sites have been closed and 140 ha