French economy could grow more than 2.5 pct in 2004: budget minister
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Budget Minister Dominique Bussereau said that French economic growth could exceed 2.5 percent this year, judging by the most recent macroeconomic figures from the state statistics office.
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France signalled it will slash its budget overspending next year to come into line with EU rules in a 2005 budget published on Wednesday and forecast economic growth of 2.5 percent.
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French economic growth is expected to dip slightly to 2.1 percent this year from 2.2 percent in 2006, still well below the eurozone average, the national statistics institute INSEE said Friday.
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Economic growth could reach 2.5 percent this year, a German minister said in remarks published Sunday, among the most optimistic forecasts yet for Europe's largest economy.
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South Korea&#39;s economy may miss its 5 percent growth target for 2004 after expanding at its slowest pace in a year in the third quarter, the finance minister said.
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The UK economy will grow by 2.9% this year, although interest may need to rise further, the IMF forecasts.
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The economy grew at a faster than expected annual rate during the second quarter of 2007, official data showed on Wednesday.
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French consumer spending is stronger than expected in July and August, official figures show.
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Singapore's economy should grow as much as 5 percent next year after expanding by 8.1 percent in 2004, Prime Minister Lee Hsien Loong said Friday in a New Year message.
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In a speech to business and trade union leaders on Tuesday, Jacques Chirac, the French president, said that by 2007 the agency would be given up to 2bn ($2.7bn, 1.4bn) to invest in promising high-growth ...
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The British economy will pursue growth of 2.5-2.75 percent until the end of 2008, according to the OECD.
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China's economy should expand by 10.5 percent this year as an investment boom surges ahead despite tightening government controls, the country's top planner said in comments reported Monday by state media.
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PARIS : French Prime Minister Jean-Pierre Raffarin insisted this weekend his country would achieve growth of 2.5 percent next year despite reports of flagging economic momentum in recent months.
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French consumer prices rose 0.3 percent in August and were up 2.4 percent from the same month last year, the national statistics institute INSEE reported, citing definitive figures.
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The US economy will expand by 4 percent this year, sustaining the recovery begun in 2002, a senior US Treasury official said Sunday.
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France will meet its European budget commitments in 2005, bringing its deficit under the 3 percent EU limit for the first time in four years, Finance Minister Nicolas Sarkozy said Wednesday, touting the extent of the slash as unprecedented.
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Tight spending controls will allow France to cut its budget deficit by about euro10 billion (US$12 billion) in 2005 and conform with EU rules, the French prime minister said in an interview.