News Local/State

France’s Ambassador on the Economy, the EU and the US

 

This month the International Monetary Fund released a bleak outlook for economic growth in the United States and many European countries in 2009. The IMF estimates the US economy will grow by only 0.1 percent -- and for countries like Spain, the United Kingdom and Italy, it projects a probable recession. Under the current EU presidency of France, the European Union is working to get its economies back on track. AM 580's Michael Koliska talked with France's Ambassador to the US, Pierre Vimont, as he visited the UI. Vimont says currently, Europe is working on three fronts.