French statistics office sinks myth of a cruise ship’s economic rescue
Delivery of €1bn-plus vessel was widely credited with stronger than expected economic growth in the second quarter.
Economists are wrong to believe a 331-metre-long cruise ship was mainly responsible for dragging the French economy out of its recent rut in the three months to June, according to the country’s statistics office.
The delivery of the MSC Euribia from the Chantiers de l’Atlantique shipyard on France’s west coast in May led to a surge in the country’s exports.
Full story The Financial Times: French statistics office sinks myth of a cruise ship’s economic rescue