1056 GMT - Fresh cash for European defense will take some time to add some zest to the French economy, ING economist Charlotte de Montpellier tells investors in a note. French President Emmanuel Macron has called for greater European investment in its military, and the EU has proposed a fund of some 150 billion euros to that end. That could offer a needed stimulus to France's ailing manufacturing sector, which booked an unexpected drop in output at the start of the year, figures released Wednesday show. But that extra money wouldn't likely have much of an impact this year, De Montpellier warns. "The economic situation in France remains very poor," she says. (joshua.kirby@wsj.com; @joshualeokirby)
(END) Dow Jones Newswires
March 05, 2025 05:57 ET (10:57 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。