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France

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  • George Cornel Dumitrescu

Abstract

For France, the second largest economy regarding GDP in the Eurozone, the years 2015 and 2016 will mark the beginning of a slight economic recovery after three years of quasi-stagnation, having as "engine" the private consumption, stimulated by an enhanced trust in the economy of businesses and consumers. The inflation rate will be closer to "zero" amid falling world oil prices. European currency depreciation will have a positive but limited effect on exports. The budget deficit will decrease slightly amid increasing GDP growth rate. Public debt will rise further in 2015-2016, being a weak point of the French economy.

Suggested Citation

  • George Cornel Dumitrescu, 2015. "France," Conjunctura economiei mondiale / World Economic Studies, Institute for World Economy, Romanian Academy.
    • Handle: RePEc:iem:conjun:y:2015:id:2822000009592007
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