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French economy 'headed for a wall' as GDP shrinks, finance minister warns

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6h agonow

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France 24 English
“French economy 'headed for a wall' as GDP shrinks, finance minister warns”

France's economy unexpectedly shrank in the third quarter while inflation rose more than anticipated, piling pressure on the government ahead of further nationwide protests this weekend that are ​making it ‌more difficult to cut spending. Finance Minister Roland Lescure warned that the economy could be "headed for a wall" if parliament fails to approve a deficit-reducing budget soon.

Read at France 24 English
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