“PARIS (Reuters) – France’s economy is likely to slip into recession in the third quarter, the Bank of France said on Wednesday, forecasting a contraction of 0.1 percent for the second quarter running which adds to signs Europe’s economic prospects are still worsening.
The estimate, which followed the Bank’s forecast last month for a similar contraction in the second quarter, suggests France’s 2 trillion euro economy may struggle to meet the government’s forecast for 0.3 percent growth this year.”
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