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Country Forecast France Updater Product Image

Country Forecast France Updater

  • Published: June 2013
  • 19 Pages
  • The Economist Intelligence Unit

France's socialist president, François Hollande, will remain in office until 2017. The Parti socialiste (PS) holds a comfortable majority in parliament, although a steep fall in the government's approval ratings will constrain reforming ambitions. The PS parliamentary group should remain united in the near term, but left-wingers could become more fractious during 2013-14 as austerity measures are introduced. With public debt having risen above 90% of GDP in 2012, the government will be under pressure from financial markets to show that it can deliver sustainable improvements to the public finances. Amid a stagnant economy, the European Commission has indicated that the target to reduce the budget deficit to 3% of GDP can be delayed by two years, to 2015, conditional upon France accelerating structural reforms. While this goal appears achievable, the pace of reforms is likely to disappoint. Real GDP is forecast to shrink slightly in 2013. The Economist Intelligence Unit expects a modest recovery from 2014, on the assumption of stable conditions in the euro zone in particular, but the need for fiscal austerity will weigh on growth.

Economic stagnation, government in-fighting READ MORE >

Country Forecast France Updater

France at a glance: 2013-17
OVERVIEW
Key changes from last month
Political outlook
Economic policy outlook
Economic forecast

Country forecast overview: Highlights

Country forecast overview: Key indicators

Country forecast overview: Business environment rankings

Country forecast overview: France's business environment at a glance
Policy towards private enterprise and competition
Policy towards foreign investment
Foreign trade and exchange controls
Taxes
Financing
The labour market
Infrastructure

Fact sheet

Outlook for 2013-17: Political stability

Outlook for 2013-17: Election watch

Outlook for 2013-17: International relations

Outlook for 2013-17: Policy trends

Outlook for 2013-17: Fiscal policy

Outlook for 2013-17: Monetary policy

Outlook for 2013-17: Economic growth

Outlook for 2013-17: Inflation

Outlook for 2013-17: Exchange rates

Outlook for 2013-17: External sector

Data summary: Global outlook

Data summary: Gross domestic product, current market prices

Data summary: Gross domestic product, at constant prices

Data summary: Gross domestic product by sector of origin

Data summary: Growth and productivity

Data summary: Economic structure, income and market size

Data summary: Fiscal indicators

Data summary: Monetary indicators

Data summary: Employment, wages and prices

Data summary: Current account and terms of trade

Data summary: Foreign direct investment

Data sources and definitions
Global data
Domestic data
Abbreviations

Format Properties
Electronic (PDF) The report will be emailed to you. The report is sent in PDF format. This is a single user license, allowing one specific user access to the product.
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