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France - Yellow peril?

France - Yellow peril?

Publicerat av Tony Harkén onsdag, 12 december 2018.

National protests may halve France's economic growth forecast.

The Bank of France slashed in half its assessment of the national growth in the final quarter, saying that chaotic French protests are to blame for hampering business activity.

The crucial impact of Yellow Vest protests was admitted in a survey published by the Bank of France on Monday. The growth forecasts were cut in half for the final three months of the year, down to 0.2 percent from 0.4 in the third quarter. That difference equals to $140 billion for the French economy based on the IMF forecast for the country’s GDP for 2018. 

Read more at RT

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