Word: boissieu
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Dates: during 2000-2009
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...remove the geopolitical uncertainty from the economic equation, which in turn would boost consumer and business confidence. It would cause an updraft in the American market, which would help European exporters. And it would drive oil prices down, making life cheaper for consumers and manufacturers. According to Christian de Boissieu, professor of economics at the Sorbonne and the head of Paris' Chamber of Commerce economic forecasting unit, French growth could certainly average 1.8% this year, "if there's a war, and it's short. But if it's not over quickly, our scenario is over-optimistic." The second thing...
...Jones Stoxx 50 index have declined 24%. That bonfire of capital has been fueled only in part by the revelations of corporate sleaze on the other side of the Atlantic. "Even if Europe hasn't had a scandal like Enron or WorldCom," says Sorbonne economist Christian de Boissieu, "the situation confronting our telecom operators, who are all deep in debt, means that we're facing similar problems." To the well-known troubles of France Telecom and Deutsche Telekom, add the pains at tech giant Alcatel. Or the fiasco at media and utilities conglomerate Vivendi, which soon after booting Jean-Marie...