France on track to meet 0.8 percent growth target: minister

Published February 03, 2013

| Reuters

French Finance Minister Pierre Moscovici on Sunday said the government believed it could reach its 2013 economic growth target of 0.8 percent.

Moscovici told France 2 television that he is maintaining the target ahead of the publication of the European Commission's euro-zone economy forecasts, expected on February 22.

"We will have discussions," Moscovici said. "If we will need to adapt, we will adapt. But I am confident about the French economy."

Moscovici also said that although the euro has stabilized, it may have become too strong.

"The euro is stable, it is strong, perhaps too strong in some respects," he said.

(Reporting by Elena Berton and Sophie Louet; Editing by Erica Billingham)

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