France Cuts 2026 Economic Growth Forecast to 0.7% on July 7, Second Downgrade This Year

On July 7, French Finance Minister Roland Lescure revised the country's 2026 economic growth forecast down to 0.7%, marking the second downgrade this year. The government had previously lowered the forecast to 0.9% in April, citing Middle East tensions as a key factor affecting economic outlook.
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