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France News Today

French news in English

Saturday, November 23, 2024

October Brings Financial Changes in France

Published: 2024-10-01

October ushers in several financial changes for French households.

The government has announced a 3.26% increase in housing aid (APL), benefiting around 6.6 million households.

Additionally, approximately 850,000 retirees will see their pensions rise by an average of €50.94 per month, following the 2023 pension reform.

However, the cost of gas is set to increase by 5.37%, impacting energy bills.

Meanwhile, a pilot program in five departments will simplify administrative processes for social benefits, pre-filling declarations for recipients.

These changes reflect ongoing adjustments in response to economic conditions.