The French economy contracted by 4% in the fourth quarter of 2020 – Bank of France

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The French economy is forecast to contract 4% in the fourth quarter of 2020 Despite the lifting of confinement due to the coronavirus, the latest estimates from the Bank of France.

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“The central bank is sticking to an earlier estimate that the eurozone’s second-largest economy contracted 9% over the course of last year.”

“I know estimates that the economy in January operates 7% below pre-crisis levels, unchanged since December. “

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