French PM vows to boost economy amid impact of Ukraine war

By SYLVIE CORBET
The Associated Press

PARIS (AP) — France’s Prime Minister Elisabeth Borne has vowed to boost jobs, cut taxes, support purchasing power, tackle climate-related issues and help France better face the consequences of the war in Ukraine. She said that would include nationalizing electricity giant EDF. Borne laid out her main priorities Wednesday in her first major speech to the National Assembly after parliamentary elections last month cost French President Emmanuel Macron’s government its majority. She said the government plans to nationalize French electricity giant EDF amid an energy crisis aggravated by Russia’s invasion of Ukraine. The French state now holds an 84% stake in the company, one of the world’s biggest electricity producers.