Bank of France's Villeroy: 2nd wave of Covid 19 will trigger another drop in French GDP

Author: Greg Michalowski | Category: Central Banks

Bank of France's Villeroy speaking:

  • 2nd wave Covid 19 will trigger another drop in French GDP in Q4
  • Hopes Q4 drop in GDP would be less severe than in Q1 and Q2
  • Reconstruction will be an opportunity to accelerate the transition to greener growth
  • Results of climate change stress tests on French banks and insurers will be published in April

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