FILE PHOTO: Bruno Le Maire, French Minister of the Economic system, Finance, and Restoration, attends a handover ceremony on the Bercy Finance Ministry in Paris, France, July 7, 2020. REUTERS/Gonzalo Fuentes
PARIS (Reuters) – French Finance Minister Bruno Le Maire believes that the French economic system may carry out higher than at the moment forecast this yr, he stated on Friday.
“I feel we are going to do higher in 2020 than the 11% recession forecast in the intervening time,” Le Maire advised BFM TV.
Le Maire was talking a day after France introduced a 100 billion euro ($118.four billion) plan to tug its economic system out of one in every of Europe’s worst slumps by means of a fast-moving restoration programme that revives President Emmanuel Macron’s pro-business reforms with a greener tinge.
Reporting by Sudip Kar-Gupta; Modifying by David Goodman