France's economy contracted 0.1% in the third quarter
The French economy contracted by 0.1% in the third quarter, news organisations reported.
AI illustrationFrance's economy contracted by 0.1% in the third quarter, news organisations reported.
The decline reportedly covered the July to September period, and the country has reportedly recorded no growth at all this year, with reports describing the economy as close to recession.
The French government reportedly urged political parties to pass the 2027 budget, with its ability to reassure markets said to be in doubt.
Yields on French government bonds have reportedly risen sharply in recent weeks amid concern over the country's high debt and deficits.