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2020-06-02 14:40:00

FRANCE'S ECONOMY WILL DOWN 11%

FRANCE'S ECONOMY WILL DOWN 11%

REUTERS - JUNE 2, 2020 - The French economy is set to contract 11% this year due to the coronavirus crisis and more hard days lie ahead until things bounce back next year, Finance Minister Bruno Le Maire said on Tuesday.

France imposed one of the Europe's strictest lockdowns in mid-March and only began removing restrictions on May 11. Cafes, bars and restaurants were only allowed to reopen for regular business on Tuesday.

"We were hard hit by the virus, we took effective measures to protect French people's health but the economy practically ground to…

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Tags: FRANCE, ECONOMY, COVID
Chronicle:
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