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France cuts economic growth forecast as it enters third COVID lockdown

France is cutting it's GDP growth forecast to 5% from 6% as the country enters a four-week national lockdown aimed at slowing a recent surge in COVID-19 cases, Bloomberg reports.

Why it matters: The lockdown, France'sthird since the start of the pandemic, comesamid a surge in new COVID-19 cases across much of Europe that has seen some countries reimpose restrictions.

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