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.

By InvestSMART · 16 May 2013

By InvestSMART ·
16 May 2013

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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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France in recession

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