France the new big worry for eurozone

The European Union releases its latest economic forecasts on Friday with eurozone mainstay France sure to overshoot EU budget targets owing to weak growth.

This will pose a problem for EU policymakers, striving to maintain the momentum of tough economic reforms and austerity measures, react to the problem in France.

The French economy faces a gloomy outlook, going by a closely-watched survey of private business activity, with purchasing managers suggesting a downward spiral sharper than at any time since March 2009.

via Business feed http://www.scmp.com/business/economy/article/1156020/france-new-big-worry-eurozone