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The finance minister warns the French economy "towards a wall" as GDP shrinks.

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FRANCE 24 English · · Source

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The finance minister warns the French economy "towards a wall" as GDP shrinks.

The finance minister warns the French economy "towards a wall" as GDP shrinks.

France's economy contracted unexpectedly in the third quarter while inflation rose more than expected, putting pressure on the government ahead of more protests across the country this weekend that make spending cuts more difficult. Finance Minister Roland Laskier warned that the economy could be "heading for the wall" if parliament does not soon approve a budget to reduce the deficit.

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