Finance Minister Le Maire sees French economy back to pre-COVID levels by first half 2022

Finance Minister Le Maire sees French economy back to pre-COVID levels by first half 2022
Finance Minister Le Maire sees French economy back to pre-COVID levels by first half 2022   -   Copyright  (c) Copyright Thomson Reuters 2021. Click For Restrictions - https://agency.reuters.com/en/copyright.html   -  
By Reuters

<p><body> <p>By Dominique Vidalon</p> <p><span class="caps">PARIS</span> (Reuters) – The French economy will return to its pre-<span class="caps">COVID</span> 19 levels of economic activity by the first half of 2022, said French Finance Minister Bruno Le Maire on Monday, who also reaffirmed his target of 5% economic growth for France in 2021.</p> <p>“Economic growth is back in the first quarter… I think we will have a strong growth in 2021,” Le Maire told France Info radio.</p> <p>He ruled out a second economic stimulus plan on top of France’s current 100 billion euros ($122 billion) economic stimulus plan.</p> <p>Le Maire, added, however that it was fair to raise the issue of longer-term investment plans for France.</p> <p>President Emmanuel Macron pointed last week to a “second period of recovery” that would see investment accelerated, triggering speculation in the press and among economists that a second round of stimulus was in the pipeline.</p> <p/> <p> (Reporting by Dominique Vidalon; Editing by Sudip Kar-Gupta)</p> </body></p>