Macron on brink of ‘financial tsunami’ as more than 200 mayors raise the alarm

He added: “This situation threatens the real rural economy, including the building and public works sector.”

The body called for Ms Borne to review of the approach to allocations in the 2023 Finance Bill, which is due to be presented at the end of the month.

Some local mayors have reportedly threatened to stop paying the price increases on their energy bills, which are estimated to potentially increase anywhere between 50 and 200 percent.

Referring to the AMRF, Mr Dietrich said: “We don’t have the same approach, but we do have the same problem.”