News · Business & Finance · Europe

French economy 'headed for a wall' as GDP shrinks, finance minister warns

Source: France 24

30 October 2026 at 08:01 UTC

France's economy unexpectedly shrank in the third quarter while inflation rose more than anticipated, piling pressure on the government ahead of further nationwide protests this weekend that are making it ‌more difficult to cut spending. Finance Minister Roland Lescure warned that the economy could be "headed for a wall" if parliament fails to approve a deficit-reducing budget soon.

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