French Economy Loses Steam in Challenge to Macron’s Budget Plans

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French Economy Loses Steam in Challenge to Macron’s Budget Plans
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French economic growth is set to ease in the coming months, making it harder for Emmanuel Macron’s government to deliver on pledges to rebuild public finances after the pandemic and Europe’s energy crisis.

’s government to deliver on pledges to rebuild public finances after the pandemic and Europe’s energy crisis. While the euro area’s second-largest economy will avoid a recession, national statistics agency Insee predicts the quarterly rate of expansion will drop to between 0.

1% and 0.2%, from 0.5%.
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