football and growth

Football and growth

Football And Growth – The Links Between France’s World Championship And The Pace Of Economy

The French football team was proclaimed FIFA World Cup Champion two weeks ago in Moscow. Far for the epic victory- we all witnessed PM Emmanuelle Macron’s euphoria- Philippe Wächter, Chief Economist, Ostrum AM wonders in a note to investors whether a football win could propel France into the leading position in Europe in terms of growth too. And looking to the euro area at large – whether it could make up for Germany’s defeat in the early stages of the competition and Spain’s poor performance.