Economic blues for France

The French economy shrank by 0.3% in the second quarter, indicating negative growth across the euro zone's three biggest economies in the April to June period.

Economic blues for France
Wed, 20 Aug, 2003 - 16:26

The French economy shrank by 0.3% in the second quarter, indicating negative growth across the euro zone's three biggest economies in the April to June period.

The figure, announced by national statistics office INSEE, undershot forecasts and is not good news for the French government as it prepares next year's budget.

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