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Economy
In reply to the discussion: Weekend Economists Deck the Halls Christmas Day 2013 [View all]xchrom
(108,903 posts)56. France 'to avoid double-dip recession'
http://www.bbc.co.uk/news/business-25507168
France will avoid a recession this year, according to the country's statistics body.
INSEE said the economy will grow 0.4% in the last three months of the year, after contracting 0.1% in the third quarter.
President Francois Hollande has been under pressure to revive the economy as other eurozone nations start growing and show signs of recovery.
The body predicted growth of 0.2% for the whole of 2013.
France will avoid a recession this year, according to the country's statistics body.
INSEE said the economy will grow 0.4% in the last three months of the year, after contracting 0.1% in the third quarter.
President Francois Hollande has been under pressure to revive the economy as other eurozone nations start growing and show signs of recovery.
The body predicted growth of 0.2% for the whole of 2013.
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