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Iran crisis costs France up to 6 billion euros: Minister

Middle East News

21-04-2026 | 05:05

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Iran crisis costs France up to 6 billion euros: Minister

The economic fallout from the crisis in Iran has cost France between 4 billion euros ($4.70 billion) and 6 billion euros, Finance Minister Roland Lescure said on Tuesday, as the government prepares new support measures alongside a freeze on some spending.

There has been a sharp rise in bond yields since the start of the conflict in the Middle East, ⁠and the subsequent increase in government borrowing costs alone are adding an extra 3.6 billion euros to the budget, Lescure told RTL radio.

Prime Minister Sebastien Lecornu's government has pledged to fully offset the budgetary impact of measures aimed at helping households cope with the energy price shock triggered by the conflict.

Lescure said he would outline plans to freeze some spending at a meeting with lawmakers on Tuesday, stressing that the government would stop short of ⁠outright budget cuts.

Reuters

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