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| Europe |
| French growth sputters after a spurt |
| 2006-11-12 |
| The French economy ground to a halt in the third quarter, prompting banks to lower their forecasts for growth across Europe on Friday. The surprisingly bad news also dealt the center-right government a blow as campaigning gains pace, with a presidential election just six months away. France had been expected to grow by an annualized 0.5 percent in the third quarter after posting large gains in the second quarter. Along with declining unemployment, continued growth in France was expected to help the Gaullist governing party to rally voters. Instead French output was unchanged during the third quarter, while industrial production fell, reinforcing a picture of the French economy as somewhat plodding and unlikely to repeat the exceptional growth spurt in the second quarter anytime soon. |
| Posted by:Fred |
| #8 French growth sputters after a spurt There's a pill for that. |
| Posted by: DMFD 2006-11-12 17:43 |
| #7 Could this be why they are being so lenient on the suburban "youts"? They need new auto sales to stimulate the economy? Al |
| Posted by: frozen al 2006-11-12 14:44 |
| #6 what does it say about frankenreich that 1 company can do this? |
| Posted by: anonymous2u 2006-11-12 11:10 |
| #5 From another article I saw last night, it seems that the Airbus fiasco is beginning to bite hard in both France and Germany. Explains at least part of the slowed growth, not that one normally uses the word 'growth' in referring to Europe. |
| Posted by: Steve White 2006-11-12 10:10 |
| #4 More like they shot their wad. |
| Posted by: Fred 2006-11-12 09:50 |
| #3 Spurt? Anything to do with a short term big turn over in |
| Posted by: Procopius2K 2006-11-12 09:31 |
| #2 If all you can get excited about is a single quarter, it doesn't say much about your economy. What will it take to get people to realize that an economy based on socialism and hyperregulation of business can't work? |
| Posted by: no mo uro 2006-11-12 08:55 |
| #1 The Slick Man of Europe. |
| Posted by: Shipman 2006-11-12 07:54 |