French Central Bank Says France Will Enter Recession 4th Quarter; Berlin Suggests Plan For France

French Central Bank Says France Will Enter Recession 4th Quarter; Berlin Suggests Plan For France

November 10, 2012 0 By News Desk
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Courtesy of Google translate from El Economista , please consider France will enter recession in the fourth quarter, according to Bank of France . The Bank of France expects the country into recession later this year, to predict a fall in Gross Domestic Product (GDP) of 0.1% in the fourth quarter, the same percentage that fell in the previous three months. If confirmed, it would be the first recession in the French economy since the 2009 crisis.

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French Central Bank Says France Will Enter Recession 4th Quarter; Berlin Suggests Plan For France