IMF cuts forecast for growth in France

FRANCE - The International Monetary Fund, blaming the effects of the September 11 terrorist attacks in the US, has cut its forecast for French economic growth next year to around 1.6 per cent from an earlier prediction of 2.1 per cent.

Even before the terror attacks, France - the second biggest economy in the euro-zone after Germany - had repeatedly reduced its own growth forecasts to take account of the global economic slowdown.

But the Socialist-led government of Lionel Jospin, the prime

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