French economy to contract 8% this year as lockdown extended – minister

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PARIS — The French government on Monday scrapped its days-old economic outlook after President Emmanuel Macron extended a national lockdown, shutting down swathes of the euro zone’s second-biggest economy. Finance Minister Bruno Le Maire said the economy was now expected to contract 8% this year instead of the 6% flagged as recently as Thursday, revising […]

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