Advertisement

Baroin: French economy 'solid'

AFP
AFP - [email protected]
Baroin: French economy 'solid'

French economic fundamentals remain "solid" despite market turbulence and the eurozone debt crisis, Finance Minister Francois Baroin said Friday.

Advertisement

"I am very confident because we have economic fundamentals that are solid," he told RTL radio following the release of official figures showing growth in France was stagnant in the second quarter.

The minister said that the growth figures were disappointing but added that the country was still on course to reach its official target of 2.0% growth for the year.

On the eurozone he said that there was a need to speed up consideration of modifying the governance of the zone, amid calls for stronger economic integration.

He said the topic is expected to come up when President Nicolas Sarkozy and German Chancellor Angela Merkel meet in Paris on Tuesday.

More

Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.

Please log in to leave a comment.

See Also