ZCZC
BCN-06
FRANCE-ECONOMY-GROWTH
French economy to shrink 11% this year: minister
PARIS, June 2, 2020 (BSS/AFP) – The French economy is expected to shrink 11 percent this year, a “brutal” shock and worse than previous estimates for an eight percent contraction, Finance Minister Bruno Le Maire said Tuesday.
“The shock (from the coronavirus) is very brutal,” Le Maire said on RTL, adding: “I am absolutely certain that we are going to bounce back in 2021.”
BSS/AFP/MMA/1241HRS