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70 new news items in the last 24 hours
  1. Home
  2. International

The French economy grew by 0.3% in the second quarter of 2025, beating forecasts, but faces a high budget deficit.

Delia Niculescu
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30 July 2025, 12:55
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International
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Preliminary data show that France's economy grew by 0.3% in the second quarter of 2025, driven by household spending, beating analysts' expectations. However, the government faces a budget deficit of 5.4% of GDP, which it aims to reduce to 4.6% in 2026. The IMF has called for additional measures to control the deficit, warning that without action it could remain at 6% in the medium term. Estimated growth for 2025 is 0.6%, according to the IMF.

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Economia franceză, a doua cea mai mare din UE, a înregistrat o creştere peste aşteptări în trimestrul doi
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Economia Franței depășește estimările în trimestrul doi din 2025

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NEWS ON THE SAME TOPICS

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France risks not reaching the budget deficit target of 5% of GDP by 2026, after lowering the economic growth forecast.
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The International Monetary Fund warns that France's public debt could reach 122% of GDP without additional fiscal measures.
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Economy
The Spanish economy expects a GDP expansion of over 2% annually until 2029, due to the post-Covid recovery and record tourism.
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Current Affairs
The number of unemployed people in France increased by 62,000 in the second quarter, reaching 2.7 million, the highest figure since autumn 2020. The unemployment rate reached 8.3%.
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The Minister of Finance, Alexandru Nazare, announces an economic growth of 0.1% for 2026, influenced by the developments in the third and fourth quarters.
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The IMF has revised its forecasts for economic growth in the euro area this year to 0.9%, due to the war.
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