France to slide into recession says central bank
France's central bank expects the country to slip into recession in the third quarter with many EU countries already in recession in the wake of the debt crisis.
The Banque de France estimates gross domestic product will fall 0.1 percent in the third quarter, from July to Sept.
It has already predicted that GDP would fall the same amount for April to June.
The bank says recession could occur after two straight quarters of falling output.
France's economy has been hit by the eurozone debt crisis, which has weakened demand for its exports.
Comment
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
Whatever Happened?
Whatever Happened? The unsung heroes will go about their dayRegardless of the welcome they've…See More
"cheeki kea Nice work! Thank you! "
"Chin up folks, once the low hanging fruit gets picked off a clearer view will reveal the higher…"
"Your right LP it's insane for sure and hopefully improbable, keeping an open mind. Checking…"
"The white dude in the center is Bill Gates!!! "
"How can this scoundrel walk free? Because he's just one of the many similar ones."
"This insane. As if there was a extra-terrestrial enemy who wants to destroy us all."
What Will happen When Robot Brides Replace Human Marriage?
With the rapidly approaching prospect of singularity and artificial intelligence dominance taking…See More
TRUMP ADVOCATING FOR PEACE, CABINET PICKS ADVOCATE WAR
The Trends Journal is a weekly magazine analyzing global current events forming future trends. To access our premium content, subscribe to the Trends Journal...
When Will the True Reparations Be Awarded?
Americans have weathered the worst storm perhaps in American history from an intentionally…See More
© 2024 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network