French economic recovery has begun, says Hollande

French President Francois Hollande said Sunday that the economic recovery has started with signs of slight pick-up in production and consumption.With his economic pledges in tatters, the French head of state said in his live-aired interview on local TV channels on the National Day that the struggling growth was in path of recovery,vacuum bottle hoping to accelerate the local output in the second half of the year."To have better growth, we must be confident and not yield to pessimism, we are a strong economic country,Drawstring Backpack" he added in a move to convince disillusioned voters to keep faith in him to restore the country's economy.France has been plagued by moribund economy and record high employment for a long time.Leading the country out of recession remains the top challenge to the French government.Targeting to reach 0.adhesive film1 percent GDP growth in 2013, the government said it hoped to cut the budget deficit to 3.Clawfoot tub accessories7 percent from 4.8 percent in 2012.However, France's audit office La Cour des Comptes, in a recent report, saw Paris budget gap at 4 percent this year on poor fiscal revenue and wane growth. 

Asked by local TV channels about the government's budget cut in a context of public discontent, Hollande said wanting "a sovereign France" where deficit would be reduced along with a recovered economy."We save money. I will increase tax if they are needed. I have asked the government to make the more possible savings, "the president said."There will be less spending in 2014 than in 2013 and it's a historic commitment," he added.Looking to 2014, the Socialists want to cut the public spending by 1.5 billion euro (1.Banner Pen96 billion U.S. dollars) mainly by squeezing expenditure of local authorities and ministries.As the economy sputters along with an ever increasing jobless rate, Hollande stressed to make progress on the ailing economy and reversing the growing slice of jobseekers by the end of 2013 by improving competitiveness, spurring investment in promising activities of information technology and encouraging training of poorly skilled jobless youth to facilitate their recruitment."I will not list all the steps I have taken. I'm fighting." Hollande said.