Resurgent French Economy Propels Eurozone to Strongest Growth in a Decade

Article source
Wall Street Journal

A revival of the French economy has helped the eurozone clock its strongest growth in a decade, outpacing the U.S. last year, as businesses shake off economic fears that had long gripped the country.

The European Union’s statistics agency Tuesday said gross domestic product—the broadest measure of the goods and services produced by the eurozone’s 19 member countries—was 2.5% higher in 2017 than in 2016, the fastest growth rate since 2007.

The eurozone’s rise is buoyed by a turnaround in a core economy that used to be one of its chief laggards: France.

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