December 05, 2024 13:10 GMT
MNI BRIEF: Limited Economic Impact Of French Crisis - EC
Brussels says the economic fallout of the French budget crisis is so far rather limited.
MNI (LONDON) - The economic impact of the French budget crisis is so far "rather limited", the European Commission said Thursday.
"Our initial analysis suggests that what's going on in France is having a rather limited economic impact for the time being. The macroeconomic situation in France remains stable," Commission Spokesperson Balazs Ujvari said.
The spokesperson noted that the EC had estimated French economic growth at 1.1% this year and 0.8% for 2025 in its Autumn Forecast released last month. "So it is on this basis that we will continue to monitor the situation."
Keep reading...Show less
94 words