Don't miss

Replay


LATEST SHOWS

FOCUS

Obama focuses efforts on US prison reform

Read more

EYE ON AFRICA

Democratic Republic of Congo: Inside Camp Garlic, a stronghold of ADF militia

Read more

IN THE PAPERS

Rousseff defends her track record

Read more

IN THE PAPERS

More debates on the economy, not on the burkini

Read more

BUSINESS DAILY

Apple set to face record tax penalty from EU

Read more

MEDIAWATCH

Weiner strikes again

Read more

THE DEBATE

Colombia's Path to Peace: Can historic deal with FARC rebels work? (part 1)

Read more

THE DEBATE

Colombia's Path to Peace: Can historic deal with FARC rebels work? (part 2)

Read more

FOCUS

The rise of political tourism in the Middle East

Read more

France

Economic growth ‘to stabilise’ in third quarter, minister says

Text by FRANCE 24

Latest update : 2009-09-06

Economic growth in France is set to stabilise in the three months from July to September, according to French Finance Minister Christine Lagarde. The French economy emerged from a year-long recession in the second quarter of this year.

French economic growth could stabilise in the three months to September after the country pulled itself out of a recession in the second quarter, French Finance Minister Christine Lagarde said Sunday.

"We have a number of indicators that suggest growth will stabilise in the third quarter”, she told Europe 1. “The economy is now longer falling and is slowly stabilising,” the French finance minister added.

After four quarters of negative growth, the French economy finally emerged from recession in the second quarter, with a slender 0.3 percent growth in gross domestic product (GDP). The GDP had dropped by 1.3% in the first quarter.
 

Date created : 2009-09-06

COMMENT(S)