France’s economy set to rebound from COVID-19 recession, grow by 5 pct: Central bank
The French economy will rebound strongly this year from a deep recession sparked by COVID-19, the country’s central bank chief said on Tuesday.
Growth will reach at least five percent in 2021, Bank of France governor Francois Villeroy de Galhau told France Info radio, a forecast that “comforted” a prediction the bank made in December.
For more coronavirus news, visit our dedicated page.
“The recession is behind us,” he said.
French GDP slumped 8.3 percent in 2020, national statistics bureau Insee estimated in late January, saying that downturn had turned out to be less brutal than originally forecast.
A massive drop in consumer spending was behind much of the 2020 decline, while investment and foreign trade held up well, it said.
France ramps up weekend COVID-19 vaccinations after slow start
Singapore ‘bubble’ business hotel welcomes first guests
Science says it’s safe, but some in France don’t trust AstraZeneca COVID-19 vaccine
Science says it’s safe, but some in France don’t trust AstraZeneca COVID-19 vaccineA 60-year-old recovering from breast cancer, Paris resident Nadine Roger is at high-risk from COVID-19 and wants to get vaccinated as soon as possible ... Coronavirus
France ramps up weekend COVID-19 vaccinations after slow startThousands of people across France flocked to vaccination centers on Sunday as the government stepped up inoculations against the coronavirus to ease ... Coronavirus
Britain, France, Germany scrap plan for IAEA rebuke of IranBritain, France and Germany have scrapped a US-backed plan for the UN nuclear watchdog’s board to criticize Iran for scaling back cooperation with the ... World News
New COVID-19 cases fall in France, cases in intensive care increaseFrance registered 26,788 new coronavirus infections on Wednesday, down sharply from the 2021 high of 31,519 recorded last week Wednesday, but ... Coronavirus