Report
France: modest growth, fiscal stability at risk
The pace of growth of France’s economy doubled in Q1 2024. Let's not get carried away, though: it only rose from +0.1% to +0.2% q-o-q, which is weak compared with the pre-Covid situation. Not enough to cause a sudden jump in tax receipts and plug the 'hole' seen last year. We do not know what gives greater cause for concern: the widening of the budget deficit or the time it took the Finance Ministry to become aware of it. The modest improvement in economic conditions will not be ...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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