InfoAfrik.com

Reliable Africa & Global News…

France’s GDP gets €1bn lift from giant cruise ship as German economy shrinks

Analyst says eurozone could have turned a corner as it avoids recession with 0.3% growth

Business live – latest updates

The delivery of the world’s second-largest cruise ship lifted France’s economy in the second quarter, according to official data that also showed Germany heading into a recession.

Built in Saint-Nazaire for the cruise ship operator Royal Caribbean, the Utopia of the Seas added €1bn (£840m) to French economic output, helping to increase trade growth to 0.6% in the three months to the end of June and gross domestic product to 0.3%.

Continue reading…

About Author

Subscribe To Our Newsletter