criticizes 75 major players

Bruno Le Maire criticizes 75 major players for not complying with the deal struck.

The French Finance Minister, Bruno Le Maire, has lashed out at Unilever, famous for Marmite and Magnus ice creams, Kit-Kat makers Nestle, and Pepsico after declaring victory in his quest to reduce the cost of surging everyday products following negotiations with retailers and suppliers.

He announced that the two-day discussion with 75 major payers was successful as it resulted in either freezing or reducing the cost of more than 5,000 products.

France is facing a similar economic situation to that of the UK, as food inflation is surging well above 10%.

The conflict between Russia and Ukraine has also affected the energy sector and other commodities, where prices are surging.

He held a new meeting as most of the 75 major players with whom he had struck a deal failed to implement changes as per the deal that was made.

Thus, it is quite evident that France has been avoiding unnecessary expenses to save money as the cost of living is surging.

- Published By Team Timeswire

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