Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

Hiroshima's Healing Hug

Read more

EYE ON AFRICA

Uganda Terror Trial: Five jailed for life for 2010 Al-Shabaab World Cup Bombings

Read more

THE WORLD THIS WEEK

Obama in Hiroshima and Austria's close call (part 1)

Read more

THE WORLD THIS WEEK

French labour strikes, raids on Google and McDonald's (part 2)

Read more

REPORTERS

Ukraine: Searching for missing people in Donbass

Read more

REVISITED

Video: What remains of the Gezi movement in Turkey?

Read more

FRANCE IN FOCUS

Euro 2016: France readies for kick off

Read more

ENCORE!

Anne A-R : The people beyond the numbers: A photographic manifesto from the migrant trail

Read more

ENCORE!

Video: Ken Loach wins his second Palme d'Or in Cannes

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)