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October 13, 2009 - ,

EcoTV October 2009: financial situation improving in US corporate sector, a rebound in France and Germany, the Spanish economy… All in video

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The webTV for BNP Paribas economists, is presented by the journalist Sybille Deshedin. On the agenda every month is Philippe d’Arvisenet, Director of Economic Research; as well as two interviews regarding the top headlines in the international economic world. EcoTV is the monthly economic news source in video.

This month, the three subjects are dedicated to: the improving financial situation among enterprises in the US, the resurgence of France and Germany, and the Spanish economy.

US, the financial situation of the corporate sector started improving
Philippe d’Arvisenet, Director of Economic Research

“ […] Well despite the contraction in the GDP over the last few quarters, we have seen in the second quarter a rebound in productivity gains, which was quite impressive: 6.5% on an annual basis. […] ”

France-Germany, toward a mild recovery
Catherine Stephan and Frédérique Cerisier, OCDE Economist

“ […] Moreover, the confidence climate, which fell sharply last autumn, has, progressively, increased during this year. Indeed, households haven’t been much affected by the crisis. […] ”

Spain, no immediate recovery
Philippe Sabuco, OCDE Economist

“ […] This new contraction in activity is largely due to the collapse in private consumption and investment. Private consumption was penalised by the very high level of unemployment rate. […] ”

Discover the October episode

About …
The Economic Research department at BNP Paribas economists in the banking service and its clients from the principle financial markets worldwide. The website, regularly proposes different publications: macroeconomic analysis, the OCDE country's monetary and finance, Country risks from emerging countries and the evolution of the financial and banking world.