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France's economy not a catastrophe but deficit must be reduced, France's Moulin says

Emmanuel Moulin, France's central bank chief, said on ​Friday that France was not ‌in catastrophic economic danger but the government must act to reduce the ​country's public deficit. Moulin, speaking ​to RTL radio, was speaking after ⁠INSEE revised downward on ​Thursday its economic forecast for the ​euro zone's second-largest economy, saying it was now expected to grow just 0.4% ​this year. Moulin cited ​several factors such as a deadly heatwave ‌and ⁠issues at Airbus. [....]