New COVID-19 restrictions to impact French growth: minister

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New COVID-19 restrictions in France will impact economic growth this year but it is too early to say by how much, Finance Minister Bruno Le Maire said on Friday.

President Emmanuel Macron on Wednesday ordered France into its third national lockdown and said schools would close for three weeks as he sought to push back a third wave of COVID-19 infections that threatens to overwhelm hospitals.

Le Maire reiterated that the new lockdown measures would force the temporary closure of 150,000 businesses at a cost of 11 billion euros per month. France reported more than 50,000 new COVID-19 infections on Thursday and 308 deaths, while the number of people in intensive care units rose to 5,109.

 

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