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PARIS — The French economy has shown a “spectacular rebound” with its latest figures, which have also allowed France to erase the effects of the economic crisis caused by the COVID-19 pandemic, said French Finance Minister Bruno Le Maire.
Le Maire also told France 2 TV on Friday that the latest economic figures showed that the economic policies of President Emmanuel Macron’s government were working.
France saw its strongest growth in over five decades last year as the euro zone’s second-biggest economy bounced back from the COVID-19 crisis faster than expected, official data showed on Friday.
The economy grew 0.7% in the final three months of the year after a particular strong third quarter when it grew 3.1%, the INSEE stats agency said. Economists polled by Reuters had forecast on average fourth quarter growth of 0.5%. (Reporting by Marc Angrand; Editing by Sudip Kar-Gupta)
French Finance Minister: French economy has shown a 'spectacular rebound' - Financial Post
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