France predicts economic contraction, high jobless rate in 2013

The French economy is expected to contract by 0.1 percent this year, with unemployment rate steadily growing, according to official figures released on Thursday. The eurozone’s second largest economy would grow 0.2 percent in the second quarter before stagnating and edging up 0.1 percent in the third and fourth quarters respectively, the national statistics agency […]

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France’s falling economic growth will not be detrimental of opportunities.

France is a developed country being fifth-largest in world and second in the European economy. France has been termed as the wealthiest nation in the world. The citizens of France enjoy the highest standard of living and the life expectancy is one of the longest. The people here have the highest education. The health care provided for […]

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France on Track for Growth Target: Minister

French Finance Minister Pierre Moscovici on Sunday said the government believed it could reach its 2013 economic growth target of 0.8 percent. Moscovici told France 2 television that he is maintaining the target ahead of the publication of the European Commission’s euro-zone economy forecasts, expected on Feb. 22. “We will have discussions,” Moscovici said. “If […]

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