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Davos 2012: The Great Transformation

After three year-long efforts to overcome the 2008 crisis, analysts and politicians have come to the conclusion that the crisis is not an ordinary crisis - it is a crisis of the system. This is the reason why for months now around the world various discussions are taking place on whether capitalism is to blame, is it an exhausted system; is democracy, the way we have known it, capable of protecting us from going back in the social changes that we are going through under the pressure of economic problems. All these questions are being asked and answers are being sought in an environment of political transformations in key regions of the world. This is why the theme of this year's World Economic Forum (WEF) in the Swiss ski resort of Davos is more than challenging: The Great Transformation: Shaping New Models. It reflects the need of a deep overhaul.

According to WEF founder Klaus Schwab, capitalism, in its current form, no longer fits the world around us. "We have failed to learn the lessons from the financial crisis of 2009. A global transformation is urgently needed and it must start with reinstating a global sense of social responsibility". The 2012 forum will be opened by one of the leading participants in the transformation - German Chancellor Angela Merkel, who is carrying the burden of saving the eurozone - a union, the very existence of which is directly related to global stability. In Switzerland this year will come the heads of state or government of over 40 countries, among which South Africa, Mexico, Pakistan, Denmark, Poland, Ukraine, Britain.

Among the expected speakers will be American Treasury Secretary Timothy Geithner, UN Secretary General Ban Ki-moon, IMF chief Ms Christine Lagarde, of the World Bank Mr Robert B. Zoellick, the secretary general of the Arab League. As in 2011 and 2010 euinside will make you part of the most interesting statements and the most interesting ideas.

31 January 2012 09:53 Is the Fiscal Compact the Big Bazooka?

"Firewall - what is the condition - bigger firewall to a de facto or maybe a jural fiscal union. The problem is that the big bazooka had to be there and is not there yet. Trust continues to be destroyed because of this asymmetry of considerations". These are words of Mr Angel Gurria, secretary g ...

29 January 2012 10:51 David Cameron: Europe Needs the British Boldness

Britain has undertaken bold steps to get its economy back on track. Europe should follow suit, British Prime Minister David Cameron said with unconcealed self-confidence at the annual meeting of the World Economic Forum in Davos. The pathos of his speech was aimed to show that London did not fee ...

29 January 2012 16:07 Merkel in Davos: Do We Dare More Europe?

Europe must be a political union, where the European Commission looks more like a government, the European Parliament is stronger and the Council (where member states' leaders are presented) is a kind of its second chamber, and the EU Court of Justice is the supreme court with powers to supervis ...

 
free talk corner
Adelina Marini
#Spitzenkandidaten For the 1st time since #Eurobarometer has been asking citizens whether their voice matters in the EU the number of those who said "yes" has increased - from 29% in November 2013 to 42% now. According to Institutional Affairs Commissioner Maros Sefcovic, a huge contribution to this outcome have the European elections and the Spitzenkandidaten procedure for election of European Commission president. In Bulgaria the number of those who believe their voice matters in the EU and those who are of the opposite opinion is almost equal (42%/41%). Croatia is among the first five countries with the highest share of people who believe their voice matters in the EU (59%/32%
25 July 2014 14:00
Adelina Marini Support for the #euro is falling in #Bulgaria compared to the autumn of last year. In the latest Eurobarometer poll 41% of the respondents support the single currency which is minus 10 points compared to last year. Against are 42% of the Bulgarian citizens. In Croatia the support for the common currency is bigger - 53% are for and 38% are against, but it is falling there too, although at a slower pace (-4). However, in Romania support is growing and it is currently 63% which is an increase by 5 points since the previous poll
25 July 2014 14:07
Adelina Marini
#enlargement The Association Council is concerned w/ the media climate & media culture in #Macedonia as well as with the biased coverage of political developments in the country. There is also a lack of separation between state and party activities. More of the conclusions from today's SA Council here euinsi.de/i51d
23 July 2014 16:43
Adelina Marini
#MH17 #Catherine #Ashton: Today we decided to prepare the next stage of sanctions, including against entities
22 July 2014 17:19
Adelina Marini #MH17 Foreign Affairs Council conclusions on #Ukraine euinsi.de/ln4s
22 July 2014 17:35
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