Thursday, March 26, 2020

Forbes: French Economy “35% Below Normal,” Report Says

By SIMON CONSTABLE 

Now last week’s pessimists look like optimists.

The impact the coronavirus lockdown, which began less than two weeks ago on March 17, is already having a far worse effect on France than naysayers could have foreseen.

New estimates from government statisticians show that the French economy is operating 35% below normal, according to a recent report from UK-based financial research firm Capital Economics. Read more here.

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