France sinks deeper into recession, with 14% GDP hit in 2Q

France sinks deeper into recession, with 14% GDP hit in 2Q

Seattle Times

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PARIS (AP) — France’s economy shrank by nearly 14% in the second quarter when the country was in coronavirus lockdown, a third consecutive quarter of negative growth in a worsening recession, the national statistics agency said Friday. The startling plunge of 13.8% from April-June starkly illustrated the punishing economic cost of the two-month lockdown. The […]

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