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France’s Lescure Sees Economy Overcoming Short-Term Slowdown

William Horobin
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France’s Finance Minister Roland Lescure stated the economy will rebound from a short-term slowdown caused by Middle East conflict fallout, emphasizing resilience due to pre-crisis strength. Long-term investments, particularly from US firms, are central to recovery, with data centers highlighted as a key sector attracting foreign capital. Lescure cited France’s competitive edge in carbon-free, abundant, and low-cost electricity as a major draw for international data center projects. The government’s strategy prioritizes sustained growth through infrastructure and tech investments rather than short-term stimulus measures. US companies are increasingly choosing France over domestic locations for data centers, signaling confidence in its energy and economic stability.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Roland Lescure France is banking on longer-term investment, including from US firms in data centers, to help overcome a slowdown from the fallout of the conflict in the Middle East, Finance Minister Roland Lescure said. “The French economy was pretty strong getting into that crisis, we have a bit of a slowdown in the short run but again what we are doing is investment,” Lescure told Bloomberg Television’s Lisa Abramowicz and Jonathan Ferro. “At the moment when someone wants to put a data center somewhere, not in the US, they look at France because we have carbon-free, ample and cheap electricity.”

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Source: Bloomberg Markets

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