France’s La Poste seeks govt approval to raise stamp price to 0.55 eur vs 0.50

French state-owned postal service La Poste said it is seeking government approval to raise the price of stamps for its basic domestic and European deliveries to 0.55 eur from 0.50 currently, as of Feb 1 2005.

If the increase is implemented, it will be La Poste’s second price hike since 1996. In May last year, the company raised the price of stamps to 0.50 eur from 0.46 previously.

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