Keyword: growth

France asks Germany for leniency in hitting austerity goal

France pleads for more time but denies it is turning into the new “sick man of Europe” even as data points to a deepening French downturn.

Bank of France sees 0.1% first-quarter growth

France should avoid slipping into recession in the first quarter, but growth is well below government forecast on which deficit target was set.

France facing up to minimal economic growth this year

President Hollande conceded France will miss its 0.8 percent 2013 target, after foreign minister said growth could be less than half that level.

French growth forecasts show challenge to 2013 deficit goals

The French economy contracted towards the end of 2012 and will barely grow in the first half of next year says national statistics agency Insee.

French quarterly growth stuck at zero

Economy needs to start growing again and quickly for France to meet its budget deficit targets, after latest forecasts from statistics agency Insee.

France faces tougher cuts despite Hollande promises

President Francois Hollande should make tough savings and public sector job cuts to meet a European deficit target, says the national audit office.

France to Cut Growth Forecasts

The new government has warned it will cut its economic growth forecasts for this year and next, which could point to a need for greater austerity.

France 2012 growth forecast cut to 0.4%

The national statistics institute says growth this year will be slightly less than the 0.5 percent previously forecast and budgeted by the government.

France pushes for 120bln-euro Europe 'growth pact'

France sends EU leaders proposals for a 120 billion-euro 'growth pact', including a financial transaction tax it wants Europe to adopt this year.

Celebrations over, president-elect Hollande now faces a baptism of fire

By and

France’s newly-elected president François Hollande has promised he will seek a reform of European austerity policies, beginning with a re-negotiation of the so-called fiscal compact treaty, and the introduction of economic growth initiatives. But his programme faces stern opposition from Germany’s Chancellor Angela Merkel, who has ruled out any change to the fiscal compact. With a busy international agenda ahead, including summits of the G8 and NATO later this month, and crucial parliamentary elections in France in June, Hollande's room for negotiations before an EU summit on June 28th is uncomfortably tight. Meanwhile, the deepening political crisis in Greece continues to threaten an explosion of the eurozone. Lénaïg Bredoux and Ludovic Lamant report on the official and unofficial manouevering as the new French president prepares for his first major test in power.

French economy grinds to a halt

The French economy posted no growth in the first quarter and there are no signs of a strong recovery in activity ahead, reports the Bank of France.

Merkel, Sarkozy stress growth a eurozone priority, call for quick Greek accord

The German and French leaders turn tack on austerity measures, insisting that boosting economic growth in the 17-nation eurozone is a priority.

Services Boost French Private Sector

French private-sector growth picked up in August after unexpected surge in activity in the services sector offset contraction in manufacturing.