French economy shrank less than first thought in first-quarter - INSEE

PARIS (Reuters) - France's economy contracted less than initially thought in the first quarter, although it remained mired deep in recession due to a coronavirus lockdown, data from the INSEE official stats agency showed on Friday.The euro zone's second biggest-economy contracted 5.3% in the first three months of the year from the previous quarter, INSEE said, revising its initial estimate of a 5.8% fall.Nonetheless, it was France's deepest quarterly slump since 1968, when France was gripped by..