Forex

ECB's Villeroy: French economy is resilient despite political uncertainty


2025-11-12 06:51:00

  • French save a lot because they worry about public deficit
  • Uncertainties – both domestic and international – have a 0.5% impact on GDP

This was a good narrative after the Olympics last year but not so much one year later today. The French economy is on a downtrend, as evident by the latest PMI figures here, though at least employment conditions are still holding up.

This article was written by Justin Low at investinglive.com.

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