French FinMin Le Maire reaffirms 5% economic growth target for 2021
|The economy is expected to expand 5% in 2021, French Finance Minister Bruno Le Maire said in an interview with France Info radio on Monday.
Additional quotes
“Expects to get back to pre-covid economic activity levels by H1 2022.”
“No plans for a second economic recovery programme on top of the current one.”
Separately, French Health Minister Olivier Véran confirmed that outdoor bar and dining will recommence on May 19.
Market reaction
EUR/USD trades modestly flat just above 1.2150, as the US dollar remains vulnerable amid weaker jobs report. The rebound in Treasury yields limits the upside in the spot.
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