France is not falling into recession, Le Maire says

French Finance Minister Bruno Le Maire said on Wednesday that the economy was not facing recession after the government lowered its economic outlook for 2023.

Le Maire also told CNews television that 2022 economic growh was being revised up to 2.7 per cent from 2.5 per cent.

"France is not going into a recession. France is having a good 2022. We have revised up our growth estimate to 2.7 per cent from 2.5 per cent," Le Maire said.