The financial crisis which manifested itself at the end of 2007, spreading from the United States to the rest of the world, ultimately also had consequences for the economy in 2008.
The effect was exacerbated by the combination of a shrinking economy and a shortage of credit that prevented companies, both large and small, financing the growth of their businesses. The financial world and the economy faced several setbacks in 2008, of a kind previously thought impossible. Rescue operations by central governments for both banks and companies, following the example set by
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The French economy cooled down markedly during 2008, taking the growth rate lower than a year earlier (0.7% versus 2.2% in 2007).
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12 shopping centres in Corio France’s portfolio attracted a total of 56.5 million visitors on an annual basis in the year under review.
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In order to ensure the needs of customers are met, a survey of local residents and visitors to the centre is conducted every two to three years for each shopping centre in France.
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The findings of the survey showed that the time had clearly come for action and that Les Trois Moulins could certainly do better.
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Les Trois Moulins is a shopping centre located in the highly urbanised Ile de France region, close to the French capital. Ile de France is the most densely populated region of France; the catchment area has around 480,000 inhabitants spread across some 230,000 households.
The unemployment rate is below average while the average income, at almost € 42,000, is well above the national and regional average.
The catchment area contains a relatively high proportion of 25-44 year-olds and relatively few young people compared with the average for France as a whole.
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