BNP Paribas' Economic Research team brings you weekly updates on the evolution of the international economy.

EcoTV WEEK: Buying bonds, under conditionality

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Editorial : The big shift
ECB to purchase unlimitedly but under certain conditions. Mario Draghi reaffirms the irreversibility of the euro

Overview : Times are changing
The ECB's “bazooka” is called Outright Monetary Transactions (OMT). It will buy sovereign debt securities on the secondary market without limits of time and quantity. This is the most important decision adopted by the ECB Governing Council on September the 6th.

The week in the US : The come back of the dove
Data published this week confirm that the US economy grows only slowly.

The week in the Euro zone : Some hope ?
In France, the trajectory of public and trade deficits is hardly curving round.

EcoWeek September 7

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