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.

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.

Related Articles