French economy set for growth: OECD
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PARIS, Nov 30  - The French economy is set for growth in the next two years and unemployment should begin to fall once oil prices ease, the OECD said here Tuesday.
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PARIS  - Turkey has opened up a window of opportunity with market reforms since a deep crisis four years ago and progress over EU membership would give a big boost, the OECD said in a report.
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A likely soft landing for the U.S. economy will not dent the recovery that is gathering pace in Europe, the OECD said Tuesday, as it raised its growth forecast for the 12 nations that use the euro and cut its outlook for the United States.
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The world's economy should grow at its fastest rate in 30 years in 2004, despite rising oil prices, the IMF says.
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The French economy is expected to grow 2.1 percent this year, but will limp through the first half of 2005 at a 1.4 percent pace that threatens the official full-year target of 2.5 percent, the national statistics office INSEE said.
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PARIS : Eurozone indicators to be released in the coming week should confirm that the pace of economic growth slowed in the third quarter, economists say.
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The Indian economy is poised for sustained economic growth of 7-8 per cent for the next ten years, Finance Minister Palaniappan Chidambaram told participants in a keynote address at the opening session of the World Economic Forum&#39;s 20th India Economic
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France's economy slows by more than expected in the third quarter, the latest data to raise question marks over growth in the eurozone.
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China, Japan and North America will pull the global economy forward over the next two years despite headwinds thrown up by high oil prices and tenacious deficits, the OECD predicted.
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On Tuesday, the Organization for Economic Cooperation and Development (OECD) lifted its forecasts for the world largest economiesâ growth.
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France's growth rate may fall short of government forecasts in 2005, crimped by slowing exports and consumer spending, the national statistics office said.
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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 French economy surged ahead in the fourth quarter of 2004 but missed the government's growth target, and high oil prices and consumer demand for imports pushed trade into the red for the first time in four years.
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India will improve on its already rapid economic growth levels in the years ahead, Prime Minister Manmohan Singh predicted on Monday.
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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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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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New French President Nicolas Sarkozy vowed on Friday to build on economic momentum in France and push ahead with reforms after unemployment in the country fell to a 25-year low in May.