French economy likely to grow close to 2.5 percent in 2006: central bank chief
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Economic growth in both France and the 12-nation eurozone is likely to be close to 2.5 percent for 2006, the governor of the French central bank said.
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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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The governor of ChinaÂs central bank said economic growth is likely to slow slightly in the rest of 2006 and in 2007 as the bank acts to reduce liquidity.
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The European Central Bank (ECB) decided Thursday to keep its euro-zone main interest rate unchanged at 2 percent despite the slowdown of the economic growth.
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Economic growth in the 12 nations that use the euro accelerated to 2.4 percent in the second quarter, the European Union said Monday, raising its forecast for the third-quarter but cutting it for the fourth.
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Chileâs economy expanded at the fastest pace in two years in the second quarter, bolstering expectations that the central bank will continue to raise interest rates to prevent accelerating growth and consumer demand from stoking inflation. The economy expanded 6.1 percent from a year earlier, the central bank reported on its Web site, the biggest expansion since 6.3 percent growth in the first quarter of 2005.
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The German economy, the biggest in the 12-country eurozone, will grow by 2.0 to 2.5 percent this year -- a faster rate than originally forecast, Economy Minister Michael Glos has said.
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The French economy grew at its fastest rate in five and a half years in the second quarter, figures show.
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Growth in the eurozone economy slowed slightly to 0.5 percent in the second quarter and is set to maintain roughly that pace for the rest of the year, the European Commission said Tuesday.
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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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Over all, the economy expanded by 2.2 percent in inflation-adjusted terms for all of 2007, the slowest rate of growth in five years.
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BEIJING -- The central bank says China's economy should grow by 10.5 percent this year, state media reported yesterday, even stronger than the 10 percent predicted last week by the National Bureau of Statistics.
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Most financial executives expect the  pace of U.S. growth in the second half of 2006 to hold steady,  according to the latest survey from accounting firm Grant  Thornton.
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France's economic growth in the second quarter of 2006 was its best in 20 years, its finance minister says.
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PARIS: French President Jacques Chirac said yesterday he remained optimistic on the outlook for the economy despite data last week showing growth at just 0.1 per cent in the third quarter this year.
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The International Monetary Fund expects Israel&#39;s economy to grow 3.6 percent by the end of this year, and 3.5% in 2005, according to the World Economic Outlook review released last week during Succoth.
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France's economy grew by a 0.5 percent in the first quarter, the state statistics agency said Friday, thanks in part to a pickup in consumer spending. But the growth was slower than the 0.6 percent expansion forecast by analysts.