France's Raffarin sticks to optimistic growth forecast
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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 President Nicolas Sarkozy pledged on Friday to press ahead with plans to overhaul ties with NATO and launch a Mediterranean Union in 2008, shrugging off criticism of his foreign policy since he took office.
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The Organization for Economic Cooperation and Development (OECD) said Tuesday that the growth in all OECD countries is expected to be steady after the second quarter&#39;s stagnation.
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US small business optimism dipped slightly last month but remained near record levels, suggesting a strong outlook for growth, a survey released on Tuesday showed.
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The Fed signaled that it is likely to keep the benchmark rate at current levels for the foreseeable future.
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In his first and only budget as France's finance minister, Nicolas Sarkozy promised that economic growth and a freeze on spending will bring France back within the EU's deficit limits in 2005 for the first time in four years.
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French President Jacques Chirac stood by  beleaguered Prime Minister Dominique de Villepin on Monday,  saying his government was producing good results despite a  string of recent setbacks and controversies.
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France Telecom reported on Wednesday a bigger-than-expected profits leap in 2007 and looked forward to steady growth as it held up well in European markets and newer ventures overseas.
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PARIS: France's 2005 budget will cut the public deficit by about 10 billion euros and push it below the European Union's 3 percent ceiling, Prime Minister Jean-Pierre Raffarin said in an interview to be ...
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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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It's on track to meet sales targets, but profits might not keep pace.
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The German chancellor remains optimistic despite gains for the far right and ex-communists in the east.
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One analyst expects to evidence of stable economic growth this week, confirming his rosy outlook for the economy and the stock market.
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The French cosmetics company L'Oreal said it still expected to post double-digit percentage growth in 2004 pretax profits, after reporting annual sales that met analysts' forecasts.
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French junior Budget Minister Dominique Bussereau said that the government's forecast of 2.5-percent growth in 2005 still looked &quot;reasonable&quot; but acknowledged that it might have to be changed if the price of oil remained high.
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Air France KLM posted stronger than expected second-quarter operating profits on Wednesday and maintained its sights on full-year growth despite the strain on its fuel bill from escalating oil prices.
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Carrefour SA, the world&#39;s second- largest retailer, said annual profit will not meet a forecast for growth of at least 10 percent because of price cuts aimed at reviving demand in France, its home market.