France in recession

France has slipped back into recession as its GDP fell 0.2 per cent in the first quarter, after a similar contraction in the last quarter of last year. The recession in Europe's second-largest economy is likely only to exacerbate problems throughout the region. Meanwhile, the German economy, Europe's biggest, grew only 0.1 per cent.

France has slipped back into recession as its GDP fell 0.2 per cent in the first quarter, after a similar contraction in the last quarter of last year. The recession in Europe's second-largest economy is likely only to exacerbate problems throughout the region. Meanwhile, the German economy, Europe's biggest, grew only 0.1 per cent.

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