'Removal of Egyptian energy subsidies impact on food prices'

'Egyptians are complaining that a cut in government energy subsidies has led to a massive rise not only in fuel prices but also other goods and services.   The government is hoping the scrapping of the subsidies will save the state the equivalent of five billion euros.  \"We can\'t support this for long,\" one man told Euronews. \"Should we go out and beg? The government should support us and provide help for food.\"  Fuel prices have gone up by as much as 80 per cent, but traders say they have also h... READ MORE : http://www.euronews.com/2014/07/21/removal-of-egyptian-energy-subsidies-impact-on-food-prices  What is in the news today? Click to watch: https://www.youtube.com/playlist?list=PLSyY1udCyYqBeLGPTLVZMp8kczDH7_5Ni  euronews: the most watched news channel in Europe Subscribe! http://www.youtube.com/subscription_center?add_user=euronews   euronews is available in 14 languages: https://www.youtube.com/user/euronewsnetwork/channels  In English: Website: http://www.euronews.com/news Facebook: https://www.facebook.com/euronews Twitter: http://twitter.com/euronews Google+: http://google.com/+euronews VKontakte: http://vk.com/en.euronews' 

Tags: Food , WORLD , fuel , poverty , Euronews , inflation , deficit , Egyptian politics

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