The blow will be harshest for Nice, France’s second most-visited city after the capital. Last week’s truck attack on the French Riviera deals a new blow to an industry that had yet to recover fully from the bloody assaults in ParisThe blow will be harshest for Nice, France’s second most-visited city after the capital. Although Nice and the Riviera are likely to suffer this summer, the impact for the $2 trillion French economy is harder to gauge. “It will be smaller than the fallout from Brexit on the French economy,” he said, seeing less than a 0.2% impact on the quarter. “The consensus is that the impact of the Nice attacks on GDP will be more marginal than that of the November attacks,” Christopher Dembik, economist at Saxo Banque told Reuters.

Source: Mint July 17, 2016 15:22 UTC