Economic Outlook 2021

On the 29th of January 2021, the French-Nordic Chambers of Commerce and the Benelux Business Club held the ninth Economic Outlook together. Group Chief Economist from BNP Paribas, William de Vijlder, provided a detailed overview of the economic situation and the consequences of Brexit and the Covid-19 crisis. 

The new variants of the Covid-19 virus have forced several countries - in particular in the eurozone - to tighten health safety measures more than expected. Hence, policy support will remain significant, both fiscal and monetary. The European Central Bank has eased further, and the Federal Reserve continues its quantitative easing and is willing to do more if necessary. Besides the many concerns of the covid-19 variants and the economic long-term consequences of Brexit and the crisis, William de Vijlder has named his presentation: Vaccination and policy support allow to look at the other side of the Valley. 

Once again, William de Vijlder delivers an enlightening presentation of the current and following economic situation. 

The economic outlook touches upon the following topics:

1. Introduction

2. Recent market developments 

3. Tracking the economic impact of health safety measures

4. Economy: recent data 

5. Focus on the Nordics

6. Focus on France 

7. Drivers of the recovery 

8. Topics to monitor in 2021 (and beyond) 

9. Forecasts

10. Financial markets in 2021: an economist’s perspective

11. Longer-term consequences of the pandemic

You can find the PowerPoint slides of William de Vijlder on the following link.

If you were not able to attend the Economic Outlook, you can also watch It on the following link.