Economics
France Economy Hit by Virus as Central Bank Slashes Outlook
- Bank of France cuts 1Q growth estimate to 0.1% from 0.3%
- Villeroy urges calm, says slowdown may be severe but temporary
A pedestrian wearing a protective face mask carries a Zara fashion store carrier bag in the La Defense business district of Paris.
Photographer: Cyril Marcilhacy/BloombergThis article is for subscribers only.
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The French economy will barely grow this quarter as the coronavirus outbreak slams the brakes on activity in both services and industry, according to a Bank of France survey.