November 9, 2012 / 12:02 PM / 5 years ago

Noyer says French economy flat, not in recession

LYON, France (Reuters) - The French economy is flat but not in recession, central bank chief Christian Noyer said on Friday.

Noyer, who is also a member of the European Central Bank’s governing council, told a conference in the French city of Lyon that a package of measures announced by the government to boost industrial competitiveness was “significant” but that he was awaiting labor market reforms.

Reporting By Jean-Baptiste Vey; Writing by Brian Love; Editing by Vicky Buffery and Jon Boyle

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