UK markets closed
  • FTSE 100

    7,486.67
    +20.07 (+0.27%)
     
  • FTSE 250

    19,545.70
    +5.36 (+0.03%)
     
  • AIM

    847.07
    +2.68 (+0.32%)
     
  • GBP/EUR

    1.1629
    -0.0005 (-0.04%)
     
  • GBP/USD

    1.2091
    -0.0023 (-0.19%)
     
  • BTC-GBP

    13,688.14
    -95.53 (-0.69%)
     
  • CMC Crypto 200

    386.97
    +4.32 (+1.13%)
     
  • S&P 500

    4,026.12
    -1.14 (-0.03%)
     
  • DOW

    34,347.03
    +152.97 (+0.45%)
     
  • CRUDE OIL

    76.28
    -1.66 (-2.13%)
     
  • GOLD FUTURES

    1,754.00
    +8.40 (+0.48%)
     
  • NIKKEI 225

    28,283.03
    -100.06 (-0.35%)
     
  • HANG SENG

    17,573.58
    -87.32 (-0.49%)
     
  • DAX

    14,541.38
    +1.82 (+0.01%)
     
  • CAC 40

    6,712.48
    +5.16 (+0.08%)
     

France's top priority is ending inflation, Le Maire tells Yellen at G20

French President Macron attends a meeting to reduce carbon intensity of the industry in France

NUSA DUA, Indonesia (Reuters) - French Finance Minister Bruno Le Maire said on Monday that Europe and France were paying a heavy price for Russia's actions in Ukraine through higher energy prices and inflation, and France's top economic priority was to bring these down.

Le Maire told U.S. Treasury Secretary Janet Yellen at the start of a bilateral meeting on the sidelines of the G20 summit in Bali that it was important for the United States and France to work together to quell inflation.

"So I really think that's the issue that we have on the table, is how to bring down energy prices and how to get rid of inflation," Le Maire said.

(Reporting by David Lawder; Editing by Bradley Perrett)