PARIS, (Reuters) - France's economy will expand fast enough in the second half of the year to halt the rise in unemployment, albeit with joblessness topping 10 percent, the national statistics office INSEE said on Thursday.
Showing posts with label France's economy. Show all posts
Showing posts with label France's economy. Show all posts
April 18, 2013
France warned on growth goals, fiscal targets in doubt
PARIS: France's economy could shrink this year and miss future government forecasts, the country's budget watchdog and the IMF warned on Tuesday, casting doubt on Paris's pledge to cut its deficit below 3 percent of output.
February 23, 2013
French services activity weakest in 4 years in February
PARIS: French service sector activity shrank in February at its fastest rate in nearly four years, a survey showed on Thursday, suggesting the euro zone's No. 2 economy is far from the turnaround emerging in Germany.
September 13, 2011
Debt crisis in euro zone likely to drive crude oil futures higher
Inventories of crude oil are likely to drop for a second-straight week in the U.S., pushing up oil prices on Tuesday, according to published reports.
In anticipation of a not-yet released report from the U.S. Department of Energy stating supplies dropped by as many as 3 million barrels because of tempests manifesting in the Gulf of Mexico, the energy commodity gained in value in the U.S., which is the globe's top consumer of oil. Bloomberg reports the immediate climb was roughly 2 percent within hours of the opening bell on Tuesday morning.
In anticipation of a not-yet released report from the U.S. Department of Energy stating supplies dropped by as many as 3 million barrels because of tempests manifesting in the Gulf of Mexico, the energy commodity gained in value in the U.S., which is the globe's top consumer of oil. Bloomberg reports the immediate climb was roughly 2 percent within hours of the opening bell on Tuesday morning.
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