15 March 2001, 14:44 Fabius says French economy solid despite stock market weakness
PARIS (AFX) - The French economy is solid in spite of the weakness
of world stock markets said French finance minister Laurent Fabius on
France 2 television.
"The American stock markets are in a bad way and that is affecting
all the stock markets in the world, but as far as it concerns the
French economy, it remains solid," he said.
"In Europe it is France which is in the best position. We have a
strong growth rate, consumption which remians strong, a good investment
strategy and we are continuing to cut unemployment," he said.
"But we are not sheltered from what happens outside," he added.
© 1999-2025 Forex EuroClub
All rights reserved