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France

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  • George Cornel Dumitrescu

Abstract

For France, the second-largest economy in the Eurozone, regarding the GDP, the years 2014 and 2015 will represent the beginning of the economic recovery after two years of quasi-stagnation, the "engine" of growth being the domestic demand, stimulated by an enhanced confidence of the consumers in the economy. There will be no significant improvements in the trade balance although external demand will increase. The budget deficit will decrease slightly, and the public debt will continue to grow.

Suggested Citation

  • George Cornel Dumitrescu, 2014. "France," Conjunctura economiei mondiale / World Economic Studies, Institute for World Economy, Romanian Academy.
    • Handle: RePEc:iem:conjun:y:2014:id:2822000009585003
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