French economy likely to grow close to 2.5 percent in 2006: central bank chief
AFP, September, 2006
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PARIS (AFP) — Economic growth in both France and the 12-nation eurozone is likely to be close to 2.5 percent for 2006, the governor of the French central bank said. "We are easily at what can be estimated as the growth potential of France, which is a little higher than 2.0 percent," said Christian Noyer, who sits on the decision-making body of the European Central Bank.
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"And we will do even better for the year, we will probably be nearer 2.5 percent than 2.0 percent for the whole of the year, both in France and in the euozone," he told French television new channel LCI. Data in August showed that the French economy grew by 1.1 percent in the second quarter of the year compared with the first, its fastest rate of expansion since ...
