French minister presents 20bln-euro plan to ease inflation crisis

French economy and finance minister Bruno Le Maire has announced a series of measures costing 20 billion euros which will target certain sections of the population to ease the growing cost-of-living crisis, as inflation in France rose to 6.5% in June. 

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A new round of French measures aimed at mitigating the effects of record inflation will cost about 20 billion euros ($20.4 billion), according to finance minister Bruno Le Maire, reports Bloomberg.