France’s Economy Grows 0.3% in Q2 2024
France’s Economy Grows 0.3% in Q2 2024
France’s Economy Grows 0.3% in Q2 2024
News summary

Newfoundland and Labrador have increased financial assistance for low-income residents to cover funeral costs due to a rise in unclaimed bodies at the province’s largest hospital. Meanwhile, the eurozone's economy showed better-than-expected growth of 0.3% in Q2 2024, yet Germany remains a weak spot with a 0.1% contraction. France outperformed with 0.3% growth, helped by higher exports and stable household spending, and the upcoming Paris Olympics are expected to boost Q3 growth. In contrast, the U.S. economy grew by 0.7% in Q2, driven by strong private consumption and government investment, underscoring a persistent transatlantic growth gap.

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1
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Last Updated
45 days ago
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