French economy given a lift by Olympics

  • 2 months ago
French economy given a lift by Olympics
Transcript
00:00U.S. bank card and financial transactions company Visa said the Paris Olympics is providing
00:06a much-needed boost to the French economy through higher consumer spending.
00:11France is reportedly relying on the Olympic Games to support its little growth.
00:16According to its statistics office, increased tourism and sales of tickets and TV rights
00:21will improve the country's GDP by 0.3 percent.
00:25Moreover, Visa's data showed during the first weekend of the Olympic Games, small businesses
00:30in Paris recorded a 26 percent increase in sales to Visa cardholders compared to the
00:36same period last year.

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