France Slides Back Into Recession
Economy contracted 0.2% in the first quarter of the year
France has entered its second recession in four years after the economy shrank by 0.2% in the first quarter of the year, official figures show.
Its economy shrank by the same amount in the last quarter of 2012. A recession is defined as two consecutive quarters of negative growth.
France has record unemployment and low business and consumer confidence.
Separate figures showed that the recession across the 17-nation eurozone has continued into a sixth quarter.