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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
France Budget Crisis:
Francois Bayrou at the National Assembly in Paris, on Dec. 17.
France’s political and fiscal deadlock has ensnared the economy in low growth, raising the pressure on freshly-appointed premier Francois Bayrou to pick a government and quickly piece together a 2025 budget.
The euro area’s second largest economy is set to expand by only 0.2% a quarter in the first half of next year with weak domestic demand and a slowdown in the support from unusually strong exports, according to an updated assessment from the country’s statistics agency.