An Economic Recovery May Save Hollande’s Presidency

France’s recession is officially over, as newly released economic data showed a surprising return to growth in the second quarter. The national economic statistics agency, INSEE, reported that the French economy grew by 0.5% between April and June, its best showing in the last two years. The unexpected boost was attributed in large part to […]

Manufacturing Improvements are Good Omen for French Economy

French manufacturing output for July shrank at the slowest rate in the last 17 months, in what some analysts are taking as a sign that the worst of France’s recession is over. According to financial information company Markit, France’s purchasing managers’ index (PMI)—a measure of factory activity that factors in output, hiring, and other economic […]