The rebound of the French economy still endangered

The devastating effects of the crisis are prolonged in time. The arrival of the English variant on the territory, the tightening of the curfew in certain high-risk departments and the possible announcement of new restrictive measures on Thursday, January 14 again darken the prospects for a rebound in the French economy. In their latest economic report made public this Wednesday, economists from the Banque de France explain thatin January the loss of gross domestic product (GDP) compared to the pre-crisis level would be around 7%. Economic outlook maintained their recession figure at -9% for 2020 and -4% for the last quarter.

If growth regained color in December when the economy reopened and the end of year celebrations, business leaders interviewed by the central bank are not very optimistic for the weeks to come. They expect activity to stabilize in industry as well as in construction or services. In his greetings to the press on Tuesday 12 January, the Minister of the Economy Bruno Le Maire declared that …

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