The French economy will grow 1.3% this year, the same pace as 2019,
as long as a compromise is reached quickly with labor unions that are on
strike over pension reform, Finance Minister Bruno Le Maire said in an
interview with the Journal du Dimanche.
“The economic outlook for France is good and solid,” Le Maire told the newspaper. The economy has created more than 500,000 jobs since 2017, and unemployment should drop to 7% by the end of President Emmanuel Macron’s term in 2022, he said. The jobless rate was 8.3% in the third quarter.
Read more: French Economy to Grow 1.3% With a Pension Deal, Le Maire Says - Bloomberg
“The economic outlook for France is good and solid,” Le Maire told the newspaper. The economy has created more than 500,000 jobs since 2017, and unemployment should drop to 7% by the end of President Emmanuel Macron’s term in 2022, he said. The jobless rate was 8.3% in the third quarter.
Read more: French Economy to Grow 1.3% With a Pension Deal, Le Maire Says - Bloomberg
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