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https://www.ft.com/content/0f3220b0-143f-3462-9e40-b4b97d1ad36b
AUGUST 17, 2017 by: Paul McClean
France’s economy will grow at its fastest rate since the eurozone crisis in the next two years, as buoyant consumer confidence and increased investment boosts economic activity, according to new forecasts from UBS Wealth Management.
The wealth management arm of the Swiss bank has lifted its forecasts for the French economy from 1.4 per cent in 2018 and 2019 to 1.6 and 1.7 per cent, in what would be the best rate since the eurozone crisis.
UBS Wealth said high levels of business and consumer confidence will translate into higher investment and consumption. It added that as the flow of credit into the economy improves, activity should increase, supported by a “better global backdrop”.