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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
#NATO Secretary General Jens Stoltenberg is currently at a hearing in the foreign affairs committee of the European Parliament
30 March 2015 16:00
Adelina Marini #Stoltenberg: #Serbia is independent and sovereign which makes its own decisions. They decided to do military exercises with Russia and that is their right. In the same time they are doing exercises with NATO, too. We just have to accept that not all countries want to be members of NATO or at least not immediately
30 March 2015 17:12
Adelina Marini
#crashA230 European Parliament chief @martinschulz has opened the mini plenary session today with a minute of silence of the victims of the airplane crash yesterday over France
25 March 2015 15:10
Adelina Marini
One of the main goals of the #DigitalSingleMarket strategy is the removal of the geo-blockade. According to European Commission data, 52% of all attempts for online orders do not serve the country of the consumer. Very often consumers are re-located to the local store with different prices. "Such discrimination cannot exist in a Single Market", the strategy says
25 March 2015 13:20
Adelina Marini #DigitalSingleMarket #Ansip: Every year 271 million Europeans are making trips to other EU member states during which at least 1 night is spent in another member state. They would like to get access to their legally bought content (music, films) but they can't today
25 March 2015 13:32
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