U.S. News

French Budget Minister Sees 2.25% to 2.5% Growth in 2007


France's new budget minister, Eric Woerth, said Tuesday he sees growth in 2007 at 2.25% to 2.5%.

He had issued a "prudent" forecast because "it is better to have good news after than bad news," he said on LCI television.

Slow growth has been a feature of France's economic slump that newly elected President Nicolas Sarkozy has vowed to fix.

The European Union's executive arm said this month that the euro zone should grow 2.6% this year while the entire EU would grow 2.9%.