France sticks to 1 percent growth forecast for 2015

PARIS (Reuters) - France will stick to its official forecast of one percent growth for 2015 when it revises budget plans later this ‎month despite policymakers' repeated comments that they hope it can be surpassed, Finance Minister Michel Sapin said.

Sapin told reporters the government wanted to be cautious and now considered the one percent target as a floor rather than a target.

The euro zone's second-largest economy grew by only 0.4 percent in 2014. Better consumer and business morale as well as other indicators including consumer spending ‎show it is now starting to do better.

The government is due next week to present proposals to boost public and private investment.

(Reporting by Ingrid Melander; editing by Mark John)