IMF Report Predicts Modest Recovery but Worsening Unemployment

In an official report on Tuesday, the International Monetary Fund (IMF) forecast a modest return to growth for France in 2014 while warning that unemployment would continue to rise, and advised the French government to ease its deficit reduction measures. In its review of the French economy—the Eurozone’s second largest after Germany, with a GDP […]

French Economy Misses Growth Target in 2013 while Deficit Remains High

Yesterday, before the European Commission releases its economic forecasts for the 2013 fiscal year today, President Francois Hollande announced that France would not meet its economic growth target for the coming year. However, he assured the public that France would not increase austerity measures. The .8 percent target growth was well beyond the realm of […]