Fluctuat nec mergitur

The German and French economies are withstanding headwinds quite well  Their GDP growth should be up around 1.5% in 2016. The French business climate was expected to deteriorate following the 13 November terrorist attacks. In fact, INSEE's composite index only fell by 1 point to 101. There were sharper falls for the service sector (down 2 points to 99) and the retail trade sector (down 4 points to 105), where the economic fall-out from the attacks was more pronounced. However, those
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