French growth to be sub­dued ‘un­til 2022’

The Daily Telegraph - Business - - Business -

Bruno Le Maire, the French fi­nance min­is­ter, has warned the coun­try’s econ­omy will not re­turn to pre-cri­sis lev­els un­til 2022. Mr Le Maire told France’s na­tional as­sem­bly that GDP was still ex­pected to tum­ble by 11pc this year, and only rise by 8pc next year. He added that re­cent eco­nomic data was “sat­is­fy­ing but too frag­ile”.

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