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Minister: France will witness the worst economic decline this year since the World War

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  2. Minister: France will witness the worst economic decline this year since the World War

06 Apr 2020

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Minister: France will witness the worst economic decline this year since the World War

PARIS (Reuters) – France will witness France will likely see its worst economic downturn since World War Two, far more than the 2.2 percent contraction it experienced in 2009 after the global financial crisis, France’s finance minister said on Monday.

France will witness

“Perhaps we have exceeded the -2.2 percent rate recorded in 2009,” Minister Bruno Lemerre told the Senate during a teleconference. “This shows the scale of the economic shock we are facing.”
The government estimate last month in an emergency budget update that the economy will shrink 1 percent this year, but has since indicated that it will have to review that figure.

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2022-02-17 17:08:29

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Technical Economic Consulting Company was established in 2012, it was established by a team of investment professionals to become one of the leading investment companies to provide the best management consulting services to local international companies and institutions. Since its inception, the company has continuously expanded to become one of the largest leading consulting firms in the region through its branches located in the Arab world as well as representative offices in Europe.

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