Wednesday, August 8, 2012

France 'heading into recession'



Published on Aug 8, 2012 by
http://www.euronews.com/ The French economy is likely to slip into recession in the third quarter, according to the country's central bank which is forecasting a contraction of 0.1 percent.

The Bank of France said it has calculated that GDP already fell in the second quarter of the year. The official preliminary data for that period is due out next week.
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