Monday, December 16, 2013

France branded the new ‘sick man of Europe’

Daily Mail
December 16, 2013

France was branded the new ‘sick man of Europe’ today amid fears it may become the next Eurozone nation to enter a double-dip recession.

President Francois Hollande is struggling with a faltering economy and unemployment at a 16-year high of 11 per cent while production in Europe’s second largest economy fell by 0.1 per cent in the third quarter.

Germany, however, enjoyed a rise of 0.3 per cent while the United Kingdom’s economy grey by 0.8 per cent.

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