French economy to recover from pandemic by mid-2022, central bank says
14 April 2021 |
11:00 am
The head of France's central bank has said he expects the French economy to recover from the pandemic slump by the middle of 2022. The bank is expecting the economy to grow by 5.5 percent this year, after a slump of more than 8 percent in 2020. The April lockdown is also having a limited effect on economic activity, according to the bank's latest report. Meanwhile, French industry is suffering from shortages of key materials such as semiconductor chips, wood and metals, which may cause consumer prices to rise.
Related
8 Dec
No three-piece suits, no dress shoes, no ties. Instead, Germany's new leaders appear in sneakers and unbuttoned shirts. A change in style that also symbolizes a new attitude.
11 Dec
The general global trend towards protectionism has been boosted by the pandemic, as countries try to buy more locally. That's a serious threat to jobs in Germany.
9 Dec
France's small business minister is to outline details of compensation for the nightclub and events industries, after the announcement that clubs would be forced to close for four weeks from this Friday due to rising coronavirus cases. French nightclub owners have said they feel unfairly targeted by the measures, after already having to shut for 16 months until July of this year. Also today, we look at the latest twist in the debt troubles facing the Chinese property developer Evergrande.
7 Dec
French Armed Forces Minister Florence Parly granted an interview to FRANCE 24 and RFI in Dakar, Senegal. Parly slammed a "disinformation campaign" aimed at creating "anti-French discourse" in Africa's Sahel region, as France reorganises its military presence there. The minister said she did not believe Russian Wagner Group mercenaries were in the Malian capital Bamako, but added that "that does not mean the current Malian authorities are not planning to bring them there". The arrival of Russian mercenaries in Mali would be "simply unacceptable", she said.
8 Dec
Architects from Spain have completed a novel design for the upcoming FIFA 2022 World Cup in Qatar. Named the 974 Stadium, the 40,000-seater facility it's designed to be relatively easy to disassemble and rebuild, and was constructed using almost 1,000 shipping containers.
11 Dec
A whistleblower issues a "damning account" of the UK's withdrawal from Afghanistan, saying tens of thousands of Afghans were left behind to die. Meanwhile, there's disappointment in the US after the Justice Department closes an investigation into the 1955 lynching of Emmett Till. Plus: Angela Merkel marks her last day in office, Berlin techno DJs apply for World Heritage status and the French city of Rouen votes on replacing a Napoléon statue with one of a woman.
8 Dec
French authorities have released a Saudi man they detained after mistaking him for someone else who is wanted over his involvement in the brutal murder of Jamal Khashoggi in 2018.
25 Dec
France is home to some of the biggest luxury brands in the world. While many everyday businesses have struggled to bounce back from the health crisis, it’s been just the opposite for the most exclusive French labels. Jean-Noël Kapferer, professor emeritus of marketing, talks us through the success of luxury brands bouncing back from the pandemic. We also see how the luxury sector is making its way into the second-hand market, bringing in a whole new clientele.
13 Dec
One in 10 workers in the EU are employed by digital platforms such as Uber or Deliveroo. EU Jobs and Social Rights Commissioner Nicolas Schmit told DW the so-called gig economy must be forced to obey their rights.
13 Dec
After being on hold for months due to the Covid-19 pandemic, French archaeological missions are back in Egypt, where many treasures are waiting to be discovered. Exploring the city of Luxor is a dream for many archaeologists, who each day hope their painstaking work will yield fresh treasures. A few kilometres from the Valley of the Kings, Isabelle Régen and her team are studying one of the most fascinating tombs discovered in the country. Our France 2 colleagues report, with FRANCE 24's Olivia Bizot.
17 Dec
They're nicknamed the gorillas – or bodyguards – of the French Republic. The police officers of the force's Protection Unit are in charge of the security of French and foreign dignitaries but also candidates for France's presidential elections, as well as other figures who require special protection. We take a rare look at the strenuous selection process policemen and women have to go through before taking on the job. Our France 2 colleagues report, with FRANCE 24's James Vasina.
17 Dec
Many Facebook groups based in Mali and Nigeria began sharing a video of a helicopter on December 9, claiming it showed an aircraft delivering weapons to terrorists. In Mali, the posts often accused the French government of operating the helicopter, while posts coming from Nigeria laid the blame on the Nigerian government. In reality, the video is from neither one of these countries – it was filmed in the Central African Republic during a routine supply drop.
Latest
1 day ago
The war in Ukraine has forced a major rethink of European security, with further enlargement of both NATO and the EU now on the table. Kyiv has asked for a fast-track procedure for EU membership. Moldova and Georgia have also applied. The EU has made it clear that Ukraine belongs to the European family. However, admitting several more nations would be highly challenging. And even before the war, the EU was already negotiating with candidate countries Albania, the Republic of North Macedonia, Montenegro, Serbia and Turkey. We discuss how far the EU should grow, and how fast that process should be, with two MEPs.
1 day ago
As Berlin seeks to ween itself off Russian energy sources, Chancellor Scholz has said Qatar "plays an important role" in energy policy. The visiting Emir of Qatar has confirmed could start LNG deliveries by 2024.
1 day ago
Germany's defense minister has said the anti-aircraft tank will be used to protect "critical infrastructure" in Ukraine from Russian attacks.
1 day ago
On day two of the Cannes Film Festival, FRANCE 24's Olivia Salazar-Winspear tells us why the première of "Top Gun: Maverick" has movie fans jostling to catch a glimpse of US actor Tom Cruise on the red carpet. We also take a look at the first films competing for the Palme d'Or, as Kirill Serebrennikov returns to Cannes to present "Tchaikovsky's Wife". The Russian director was unable to attend the screenings of his last two films, "Petrov's Flu" and "Leto", due to living under virtual house arrest in Moscow in recent years.
1 day ago
Taipei has introduced a "new Taiwan model" to shift away from its "zero-COVID" strategy. But public health experts warn of an increase in COVID-19 fatalities if the island can't streamline policies.
1 day ago
In France, coming out of the closet and living openly as a member of the LGBTI+ community can be a significant psychological, emotional and social challenge. Until just 40 years ago, it was also a legal one. In 1982, the age of consent was lowered from 21 to 18 for homosexuals in France, making it the same for everyone. This landmark law paved the way for important civil liberties, including the legalisation of same-sex marriage in 2013. But there are still obstacles to be overcome. To find out more about the ongoing fight for equality, we speak to Sébastien Tüller, LGBTI+ legal advisor for Amnesty International France.