French consumer confidence rose unexpectedly in March despite new restrictions on the coronavirus in large parts of the country and the possibility of further restrictions, official data showed on Tuesday. The French Statistical Office stated that the monthly consumer confidence index rose to its highest level since December, reaching 94 …
Read More »A Spokesperson For The French Minister of Industry: No Contract Has Been Signed to Produce The Russian Sputnik V Vaccine
A spokesman for the French Minister of Industry said Tuesday that no company in France has signed a contract with Russia to produce its Sputnik V vaccine against the Coronavirus, apparently contradicting comments made by the head of the Russian Direct Investment Fund. “As far as we know, no contract …
Read More »OECD Raises Expectations for Global Growth in 2021
The Organization for Economic Cooperation and Development (OECD) expects the global economy will expand by 5.6% in 2021, raising its forecast for growth compared with an estimated rate of 4.2% in the previous report. The OECD report issued on Tuesday noted that recovery from the Coronavirus impact this year will …
Read More »France: Unemployment Declined in Q4 to Pre-Pandemic Levels
The unemployment rate in France decreased to levels before the Coronavirus Pandemic in the last quarter of 2020 despite the data being affected in part by the six-week lockdown measures to confront the COVID-19 outbreak, during which job seekers were unable to register themselves unemployed, According to the National Institute …
Read More »France’s economy contracted less than expected in the fourth quarter of 2020
Official data published today showed that France’s economy contracted again in the fourth quarter of last year, but not to the extent expected after facing a second wave of isolation measures aimed at combating the spread of the Corona virus. The National Institute for Statistics and Economic Studies said that …
Read More »Corona Deaths in France Exceed 70,000
The health authorities in France said Saturday, January 16 that the total Corona deaths in the country exceeded 70,000 after 196 deaths were recorded in the past 24 hours. She added that the total number of deaths reached 70,142. There were also 21,406 new infections recorded during the past 24 …
Read More »France’s Economy Contracted 4% in Q4
The French central bank said today, Wednesday, that the country’s economy has likely contracted 4% in the last quarter of last year compared to the previous three months, although activity increased in December after the lifting of general isolation measures imposed to combat the spread of the Coronavirus. In light …
Read More »French Health Minister: We Cannot Ease up on Restrictions For Now
“We cannot ease up on coronavirus-induced restrictions for now,” French Health Minister Olivier Véran said in a statement on Tuesday. “Will authorise vaccination of people aged 75 and above who are living at home by the end of January.”
Read More »French Health Minister: The Covid-19 Vaccine Supposed to Protect Against The New Strain
French Health Minister Olivier Ferrand said that the current vaccines should protect against a new strain of the virus that recently appeared in Britain, adding that “in theory” there is no reason to believe that the vaccine will not be effective. “ Ferrand indicated that the new strain may have …
Read More »Economic activity in France is 12% Lower Due to Isolation Measures
The French central bank said that economic activity in the country is witnessing a 12% decline this month from its normal level after the country entered into general isolation measures to limit the spread of the Corona virus for the second time this year. The government imposed a new lockdown …
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