From the Open Europe blog:
France’s National Statistics Institute (INSEE) and Eurostat have both
confirmed that the French economy shrunk by 0.3% in the last quarter of
2012 - and according to INSEE the economy registered zero growth
throughout 2012. President François Hollande is expected to soon revise
down his painfully optimistic growth forecast of 0.8% for 2013. In the
meantime, if anyone had any doubt as to what these figures mean for
France, a comment piece on the front page of today's Le Figaro does the
trick:...MORE