In this file photo taken on May 16, 2020, cyclists ride on the rue de Rivoli in Paris as France eases lockdown measures taken to curb the spread of the COVID-19 pandemic.

In this file describe taken on Can also 16, 2020, cyclists rush on the rue de Rivoli in Paris as France eases lockdown measures taken to curb the unfold of the COVID-19 pandemic.
  | Listing Credit:
AFP


The startling plunge of 13.8% from April-June starkly illustrated the punishing economic imprint of the two-month coronavirus-connected lockdown.

France’s economic system shrank by practically 14% in the second quarter when the nation modified into as soon as in coronavirus-connected lockdown, a Third consecutive quarter of damaging enhance in a worsening recession, the national statistics agency said on July 31.

The startling plunge of 13.8% from April-June starkly illustrated the punishing economic imprint of the two-month lockdown. The distress modified into as soon as so damaging to jobs and industries that the authorities is speaking down the possibility of one other nationwide lockdown as infections tick upward yet again.

France’s economic system modified into as soon as already slowing, apprehensive by 0.2% in the closing quarter of 2019, sooner than the pandemic hit with plump pressure.

French GDP shrank by 5.9% in the main quarter of 2020 as COVID-19 patients started to flood and overwhelm hospitals.

That effectively being disaster, with COVID-19 killing extra than 30,000 of us in France, caused the authorities in March to introduce what modified into as soon as actually one of Europe’s strictest lockdowns, halting vital activity in the second-most reasonable economic system of the countries that exhaust the euro currency.