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World Business Report: First broadcast 2016/10/28 17:32 GMT: France's Hollande Feels Heat as Economy Lacklustre

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France's Hollande Feels Heat as Economy Lacklustre

First broadcast 2016/10/28 17:32 GMT

First broadcast 2016/10/28 17:32 GMT: France's Hollande Feels Heat as Economy Lacklustre

BBC World Service - World Business Report, France's Hollande Feels Heat as Economy Lacklustre

France's latest growth figures are out and they make poor reading for President Hollande

President Francois Hollande is hoping to be re-elected next year, but the numbers show the economy expanded by just 0.2% in the third quarter.

It is now highly unlikely that the French government will meet its target for growth this year. The terrorist attacks in Paris and Nice have caused a dip in tourism but consumers are also spending less. By contrast the average growth rate across the eurozone for the same period was 1.6%. We talk to French business journalist Anne-Elisabeth Moutet about what this means for the country's future - and President Hollande's hopes for re-election. 

By contrast Spain's economy appears to be powering ahead. On Saturday, Mariano Rajoy is expected to win a parliamentary investiture vote, meaning he can form a new government. This follows 10 months of political stalemate during which time the country did not have a government formally in place. The BBC's Guy Hedgecoe reports from Madrid. 

(Photo: Paris at night with Eiffel Tower in the background. Credit: Chesnot/Getty Images)

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First broadcast 2016/10/28 17:32 GMT: France's Hollande Feels Heat as Economy Lacklustre

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