Coronavirus: economists blacken their forecasts for France

Coronavirus: economists blacken their forecasts for France

The Minister of the Economy, Bruno Le Maire, is preparing the spirits for a strong recession this year in France. Many economists are now banking on a drop in GDP of more than 5%. “The worst growth figure that has been made by France since 1945 is in 2009 after the great financial crisis of 2008: -2.9%. We will probably be well above -2.9% ” this year. Heard this Monday by the senators, the Minister…

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Coronavirus: French growth could be impacted

Coronavirus: French growth could be impacted

According to the Minister of the Economy Bruno Le Maire, the coronavirus epidemic which is currently raging risks costing France 0.1 point of growth in 2020. A forecast that could worsen if the situation does not improve. Appeared in the heart of China, the coronavirus could impact French growth. On Thursday, the Minister of the Economy Bruno Le Maire affirmed that the epidemic which worries the whole world, should cut French growth by 0.1 percentage…

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Coronavirus: alarming drop in economic activity in France

Coronavirus: alarming drop in economic activity in France

Based on a whole series of data, the start-up QuantCube provides an overview of the level of economic activity in France during this period of the Covid-19 pandemic. It remains very low, except in a few areas. This is confirmed by feedback from professional federations. After three weeks of confinement, the French economy is almost at a standstill. Difficult for economists to assess the impact of the coronavirus pandemic on activity. Everyone gropes, seeks, is…

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Coronavirus: EU extends and prolongs relaxation of state aid until summer 2021

Coronavirus: EU extends and prolongs relaxation of state aid until summer 2021

While a second wave of coronavirus is currently hitting the old continent, the European Union has decided to extend state aid for businesses until next summer. Brussels announced on Tuesday the enlargement and the extension until the summer of 2021 of the easing of state aid adopted last spring to support European companies in the face of the coronavirus crisis. This temporary easing was initially due to expire on December 31, 2020, with the exception…

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Coronavirus: America wants to avoid disaster

Coronavirus: America wants to avoid disaster

A week after the “CARES Act”, at more than 2,000 billion dollars, Washington is already preparing another plan to combat the economic effects of the coronavirus: the American GDP could collapse by 34% in the second quarter. Forget the superlatives, the broken records, the comparisons with 1929, the 10 million new unemployed in two weeks. Forget… if you can. The problem with the US economy is not so much the extent of its downfall as…

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