4th Jun 2023


France not going into recession, minister says

French finance minister Bruno Le Maire said on Wednesday that the economy was not facing recession, after the government lowered its economic outlook for 2023 to one percent from 1.4 percent previously, Reuters reported. "France is not going into a recession. France is having a good 2022. We have revised up our growth estimate to 2.7 percent from 2.5 percent," Le Maire said.

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