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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 · 16 May 2013
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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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Frequently Asked Questions about this Article…

France's GDP fell 0.2% in the first quarter, following a similar contraction in the last quarter of the previous year — a pattern the article says has caused France to slip back into recession.

The article uses that phrase because France recorded consecutive GDP contractions — a 0.2% decline in Q1 after a similar contraction in the prior quarter — which is the reason it's described as back in recession.

According to the article, the recession in Europe's second-largest economy is likely to exacerbate problems across the region, potentially increasing economic headwinds for other European countries.

The German economy, described as Europe's biggest, grew by only 0.1% in the same period, which contrasts with France's 0.2% GDP decline.

The article highlights weaker macro growth in two of Europe's largest economies, which suggests investors should be aware that regional economic weakness could influence European markets and economic outlooks.

No — the article does not specify particular industries or sectors; it focuses on overall GDP contractions and the likely regional effects.

The article reports official GDP figures for France and Germany for the referenced quarters; investors can follow subsequent GDP releases and reputable economic news sources for updates and confirmations.

The article doesn't predict specific market moves; it notes the recession and slower growth and suggests these developments are likely to exacerbate regional problems, so investors may want to monitor ongoing economic news.