France news brief
French economy 'headed for a wall' as GDP shrinks, finance minister warns
NEWS DESKFrance
PUBLISHEDOct 30, 2026, 8:01 AM
What the source reports
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.
Main source: © Thomas Samson, AFP
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