French Economy ‘Headed Straight for a Wall’ – Finance Minister
6 Articles
6 Articles
France's economy is shrinking, bonds are coming under pressure: how close the recession is and what ‘Mould' Finance Minister Lescure now warns.
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rt-english.comFrench economy ‘headed straight for a wall’ – finance minister
Shrinking output and accelerating inflation have added to Paris’ mounting financial troubles, official figures show France is “headed straight for a wall” unless it reins in its budget deficit, Finance Minister...
The French economy is at a standstill, according to the words of the Minister of Economy Roland Lescure himself, or even in a slight recession according to the technical definition that is retained, i.e. three quarters in a row in zero or negative growth. Reflecting both the loss of international competitiveness of the French economy and the stagnation of the [...] The article Growth: as the euro zone and the United States accelerate, France sin…
The French economy could face an unprecedented crisis if it does not adopt a budget that reduces the deficit, Economy and Finance Minister Roland Lescure said, as quoted by France Info radio station. According to him, the French economy has effectively stopped. In the first three quarters of 2026, the country failed to achieve economic growth. Between July and September, GDP contracted by 0.1%, and in the first quarter the decline was 0.2%. If w…
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