Discover Top Posts Tagged with #rapid rebound

French economy to bounce back as lockdown lifted

[ad_1]

PARIS: France’s economy, which like those of other countries was pushed into a bruising recession by the coronavirus, will bounce back now that lockdown measures are lifted but will still contract over the year as a whole, official data showed Tuesday. France’s gross domestic product, which had shrunk by a record 13.8 percentin the second quarter, is forecast to grow by 17 percent in the…