FRENCH PM TO ANNOUNCE SUSPENSION OF FUEL TAX HIKES – GOVERNMENT SOURCES

PARIS – French Prime Minister Edouard Philippe is to announce on Tuesday a suspension of fuel tax increases planned for 1 January in a move to end violent “yellow vest” protests against the measure, government sources said Tuesday.

The suspension will include other measures aimed at calming nationwide demonstrations by the protesters, the sources said.

The demonstrations, which turned into street clashes and vandalism in Paris during the weekend, the protest erupted in November over the fuel taxes which are financing France’s anti-pollution efforts.

The reason for the protests was the huge fuel increases and quickly involved the discontent over President Emmaunel Macron, accused of having policies that target the low income households to disadvantage them.

Stopping the fuel tax increase was one of the main demands listed by “yellow vest” leaders, alongside a higher minimum wage and the return of a wealth tax on high-earners abolished last year.

Macron decided to halt the fuel tax increase late on Monday according to a source close to the matter, after he met with high ranking government officials.

Photo credit- RT.com

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