EDF is introducing a new set of tariffs from August 1, which will hit small users the least, but will push up prices in general. They affect the state regulated accounts still owned by 95% of French households.
The interest rate of the tax free savings account the Livret A is cut from 1.75% to 1.25% - its lowest ever level, last seen in August 2009.
Meanwhile the prices of state regulated gas bills are set to drop slightly, by an average of 0.45%.
The SNCF and RATP have both decided to keep their fares unchanged.
Here also, the electricity will raise to 3% but in fact is more than that. Why they do this? I think it is not only to gain money. There is something macabre behind this raise, something black, obscure. In their mind, we don't need electricity, and if we need it, too bad. They wanted us to live like rats, in the obscurity of sewers, without light and without heat. They see us like rats, living in the misery of the Victorian era.