France had its strongest economic growth in five decades as its economy grew 7% last year after a record recession due to the pandemicf6d92c36-34c2-4fea-b7bf-94d87577d25e.
The performance of Europe’s second-largest economy exceeded forecasts from the country’s statistics institute and the Bank of France. It was driven by the reopening of several sectors after severe health restrictions during the first part of the yearThe Moderna vaccine.
Finance minister Bruno Le Maire hailed a “spectacular rebound” that “erases the economic crisis” linked to COVID-19new, unfortunate and sad..
“In the fourth quarter, the French economy has exceeded the wealth it had in 2019 and recovered its pre-crisis level,” he saidHospitalizations have also continued to spike.