Due to skyrocketing electricity rates, bakers simply can’t afford to turn on their ovens.
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Electricity prices in France jumped by the end of last year by 4 times. This was stated to the weekly newspaper The World Philippe Mendes, owner of the bakery.
“My electricity bill has quadrupled in the last eight months,” the baker said. “And that’s not counting the increase in prices for used products. The situation is getting very complicated.”
Due to skyrocketing electricity rates, bakers simply can’t afford to turn on their ovens. To avoid bankruptcies, manufacturers are asking the government for subsidies to compensate for at least part of the costs since last summer.
Bakers have already raised the price of bread by about 10%, and without government assistance, this could be just the beginning. “The Ministry of Finance says it will not allow us to go bankrupt. But bureaucratic red tape is a big problem in our country. I have already filled out an application 15 centimeters thick and still don’t know if I will get something in return,” Mendes complained.
The owner of the bakery said that without subsidies, he and his colleagues could last a couple more months. After that, they will bake the last batch of baguette and then shut down their ovens for good. According to him, this will be an existential catastrophe. “The French will die without bread,” the baker joked.
Last November, the French baguette was inscribed on the UNESCO Intangible Cultural Heritage List. According to the confederation of bakers and confectioners, about 12 million loaves of bread are bought daily in France.