France feels the winds of change (TT Sep04 p58-59)

The Treasurer September 2004

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Gross domestic product (GDP) in France grew by 0.8% in the first quarter of 2004, indicating that the country’s economic recovery is gathering pace. Since mid-2003, the upswing has been rapid, with all three quarters witnessing growth in line with, or above, expectations (about 0.5-0.6%) quarteron-quarter – the best record since 2000.

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