French economy contracts 0.1% in third quarter

The French economy shrank by 0.1% in the third quarter, marking a challenging period amid escalating energy prices and rising borrowing costs. This contraction underscores the economic strain faced by the Eurozone’s second-largest economy, raising concerns about its growth prospects and the broader impact on the region’s economic stability. The situation highlights the need for effective policy measures to mitigate these pressures and support economic resilience.