For most of Francois Hollande's beleaguered presidency, the French economy has gone from bad to worse. It tipped into recession late last year. Unemployment is at a 16-year high. But now the first signs of a recovery have emerged. This week the Bank of France revised upwards its forecast for third-quarter growth from 0.1% to 0.2%, after a stronger-than-expected second quarter. Earlier this month the oecd rich-country club, which had predicted recession in 2013, said it now expected the French economy to grow by 0.3%.
展开▼
