Paris Economy
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Table of Contents
Condition of Paris stock markets
[br]Paris economy is presently not in best health as is exemplified by its statistics of economy of Paris. On 21st May CAC 40 stock index fell at a rate of 14.6 percent highlighting plight of Parisian economy.This condition of Paris economic structure represents a broader trend across Europe whereby stock markets are failing to perform well. DJStaxx 600, which is a major index in context of Paris economic structure, has decreased at a rate of 1.39 percent.
Condition of Paris stock markets
[br]Paris economy is presently not in best health as is exemplified by its statistics of economy of Paris. On 21st May CAC 40 stock index fell at a rate of 14.6 percent highlighting plight of Parisian economy.This condition of Paris economic structure represents a broader trend across Europe whereby stock markets are failing to perform well. DJStaxx 600, which is a major index in context of Paris economic structure, has decreased at a rate of 1.39 percent.
Elsewhere in Europe stock markets have been faring well below acceptable standards. In London FTSE 100 decreased at a rate of 2.17 percent and in Frankfurt DAX 30 fell at a rate of 1.51 percent.
Importance of metro stations in economy of Paris
Recently tourists to Paris have been visiting metro stations that have been built a long ago and are yet to be used. These metro stations have immense historic value and among visitors to these popular destinations are film makers. It can be assumed that income generated by these tourist activities would be helpful for Paris economy at end.
Job scenario in Paris
[br]Job sector of Paris economy has been affected by ongoing global financial crisis. As an inevitable result of this all pervasive financial disaster a number of companies have been laying off more workers than even they might have liked.Expats returning to Paris
A number of bakery owners in various towns in Canada have not been able to do good business as a result of global financial recession. It is likely that most of these owners would be coming back to Paris as well as other cities in France, to where they belong. This, it is supposed to put a lot of pressure on Paris economy in these financially difficult times.
Importance of Paris economy
Paris is as important to French economy as it is to global economy. As per calculations of Institut National de la Statistique et des Études Économiques gross domestic product of Paris in 2007 fiscal was $731.3 billion as per rates of market exchange. Its gross domestic product stands favorably in comparison to some of major European economies like Netherlands for example.
