3/9, 8:46 AM (Source: TeleTrader)
more TeleTrader news

French capacity for recovery will surprise EU - Le Maire

France's capacity for an economic rebound could come as a surprise for the rest of the Eurozone, country's Minister of the Economy and Finance Bruno Le Maire (pictured) asserted on Tuesday.

During an interview with France 2 TV, Le Maire predicted that the economic recovery will be "quick," and will occur once the COVID restrictions have been lifted.

Le Maire previously unveiled that the government intends to direct more funds towards industry, while the country's health minister expressed similar optimism regarding the curb of COVID, backing his hopes with increased testing and the vaccine rollout. Bank of France Governor Francois Villeroy de Galhau forecasted shortly after that the country's economic growth should be "at least 5%" in 2021, adding that France has left "the recession behind."

Breaking the News / BU