2011/3/1

Market: new growth forecasts in 2011

The European Commission today published its new growth forecast in 2011 for the European Union.
 The forecast growth in France and raised by 0.1 pt to 1.7% in 2011, as Germany is raised by 0.2 pt to 2.4%.

 Christine Lagarde, Minister of Economy, Finance and Industry, noted with satisfaction the improvement of these forecasts for all major economies of the eurozone and the European Union.

 "The recovery in global demand, particularly from our European partners, should continue to support the activity of our companies. " On this basis, Christine Lagarde believes that French growth in 2011 will be higher than that calculated by the Commission and maintains its forecast of 2%.