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Frenchet economy 'in recession'
government offinancials have been quick to insee statist france is experiencing very slowing growth and is not in a strue recession because growth for the year is still expected to be positive and is close to the government's projection of 1.0 percent growth for the year .
french economy 'in recession' french economy enters recession, according to national statistics agency negative growth expected in third and fourth quarters of 2008 unemployment expected to rise to 7.4 percent by end of the year french government insists country is still experiencing slow growth var clickexpire = 11/2/2008 ; .
significant risks insee's projections have sparked a debate over triche definition of recession .
i will not use any word other than that - slowing growth with significant risks growth may become even weaker .
jean-claude trichet ecb precessident .
Generated 2008-10-5_21:52
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