French Austerity Measures Are `Inescapable'

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Aug. 12(Bloomberg) -- Philippe d'Arvisenet, global chief economist at BNP Paribas SA, discusses France's second-quarter gross domestic product and economic outlook. D'Arvisenet, speaking in Paris with Elliott Gotkine and Owen Thomas on Bloomberg Television's "Countdown," also talks about the short-selling ban imposed by France, Spain, Italy and Belgium to help stabilize financial markets. (Source: Bloomberg)

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