European Parliament Library

France :, 2013 Article IV Consultation

This 2013 Article IV Consultation highlights that in a context of weakening economic conditions in Europe and sizeable fiscal consolidation and domestic policy uncertainty, the French economy flat lined in 2012. However, recent improvements in economic indicators support the expectation of a gradual recovery in the second half of 2013. Credit conditions remain supportive, and private demand is unencumbered by balance sheet repair issues and thus more apt to respond favorably to an improvement in confidence. The economy is projected to contract by 0.2 percent in 2013 and to grow by 0.8 percent in 2014
Table Of Contents
Cover; CONTENTS; RECENT ECONOMIC DEVELOPMENTS AND OUTLOOK; A. A Hesitant Recovery; FIGURES; 1. Demand Components: Crisis and Rebound; 2. Inflation Developments; 3. External Developments in Euro Area Comparison; 4. Financial Sector Developments; 5. Bank Lending to the Non-Financial Private Sector; B. Outlook, Risks and Spillovers; 6. Short-Term Frequency Indicators, and Savings' Countercyclical Role; 7. Housing Market Developments; POLICY DISCUSSIONS; A. Scope for Easing Fiscal Adjustment, but Refocused on Expenditure Containment; BOXES
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (91 p.)
Specific Material Designation
Form Of Item

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