Don’t miss the latest developments in business and finance.

France heading for worst recession since WWII: minister

Image
AFP Paris
Last Updated : Apr 06 2020 | 3:44 PM IST

France could see its deepest recession this year since the end of World War II, due to the coronavirus crisis, Finance Minister Bruno Le Maire warned Monday.

"The worst growth figure in France since 1945 was -2.2 percent in 2009, after the financial crisis of 2008. We will probably be very far beyond -2.2 percent" this year, Le Maire told a Senate panel.

Also Read

First Published: Apr 06 2020 | 3:44 PM IST

Next Story