Macron warns France of ‘the end of abundance’ and tough times ahead

France: Macron warns of tough times ahead

https://www.france24.com/en/france/20220824-macron-warns-french-of-tough-times-ahead-end-to-energy-price-cap

After a summer marked by drought, massive wildfires and the war in Ukraine, French President Emmanuel Macron delivered a stark speech on Wednesday at the first cabinet meeting following the summer holiday break, warning of tough months ahead as the world faces a possible “end of abundance”.

“I believe that we are in the process of living through a tipping point or great upheaval. Firstly because we are living through… what could seem like the end of abundance,” said Macron, 44. 

The speech appeared designed to prepare the country for what promises to be a difficult winter ahead, with energy prices rising sharply and many families struggling with inflation.

“The moment we are living … may seem to be structured by a series of crises, each more serious than the other,” Macron said, referring to the drought, fires and storms that have hit France during the summer as well as the Ukraine war and disruptions to global trade.

“Freedom has a cost,” Macron said, urging his ministers to be ambitious and the French to accept new policies adapted to current circumstances. “The battles we have to fight … will only be won through our efforts.”

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