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8/27, 11:51 AM (Source: TeleTrader)
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French economy could beat estimates in 2020 - Le Maire

French Economy and Finance Minister Bruno Le Maire (pictured) asserted on Thursday that the country's economic contraction in 2020 could be lower compared to the expected 11% GDP decline. However, it will take two years for the country's economy to bounce back to pre-pandemic levels, he underscored.

Speaking at the Renaissance of French companies summit, Le Maire also addressed the importance of adopting digital tax legislation. Small companies in France "should not have to pay more taxes than the digital giants who are making considerable profits," according to the minister.

Breaking the News / GA