EU Commission to raise France 2015 GDP forecast: Le Journal du Dimanche

PARIS (Reuters) – The European Commission will raise its 2015 GDP growth forecast for France to 1.1 percent from 1.0 percent on Tuesday, French Sunday newspaper Le Journal du Dimanche reported, without saying where it obtained the information.

The Commission will also cut its forecast for France’s 2016 growth to 1.7 percent from 1.8 percent, according to the newspaper.

A spokeswoman for the Commission declined to confirm or deny the report on Sunday.

“We will present the numbers on Tuesday,” she said.

The new forecasts would be in line with those given a month ago by Paris-based international think-tank the Organisation for Economic Co-operation and Development.

(Reporting by James Regan in Paris and Foo Yun Chee in Brussels)


Free newsletter signup
I agree to have my personal information transfered to MailChimp ( more information )
Never miss another Bankless Times news story as we send you hand-picked articles every morning
We hate spam. Your email address will not be sold or shared with anyone else. You will only receive our daily newsletter. You can unsubscribe at any time.