French economy to grow at least 1% in 2015 – Hollande

FXStreet (Mumbai) - The French President Francois Hollande said today that the French economy is likely to grow at least 1% this year, thereby easing concerns of a sharp slowdown.

Amid deflation in the Eurozone, the President also said the fears of deflation in itself could hold back growth. He further stated that Unemployment is a menace to national cohesion. President Hollande, once the most unpopular French leader in his country’s modern history, has seen a major boost in his popularity rating following his response to the terror attacks that shook the nation.