France falls into recession as Covid-19 lockdown hits economy - business live

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Rolling coverage of the latest economic and financial news, as the French economy suffers its biggest plunge since the second world war

A 5.8% plunge in GDP is really, really bad. As Frederik Ducrozet of Pictet Wealth Management shows here, it wipes out several years of French growth:.

 

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ZeldalaGrangeSA Recession? When I was at Uni a recessions definition was 2 consecutive periods of negative growth of the economy. Has that definition changed or is this just Corona recession

Mariebe10098426 Ah well, I'm sure the EU hierachy will scrape together sufficient Euros to bail them out.👍 Just so long as the begging bowl is not violently thrust in UKs citizens faces, and to hell with Macron! Let him face his fellow Frenchmen and explain the plan to save them.

France could get so much money for that Notre Dame Fire in Paris but when it comes to humans lives and families 🤚

Hens without eggs

Send cheese and wine. I'll help.

Surprise! Surprise! Europe is led by donkeys

Let France sink,and you’ll know who’s holding up the Ayatollah theocracy in Iran....

The world is being thrown into chaos. Just wait for covid-19 to mutate and we all turn into zombies and we all start eating each other. Isn't the universe fascinating?

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 /  🏆 84. in JP

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