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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
#euco We may reach point of no return if escalation of conflict in #Ukraine continues, said European Commission President Jose Manuel Barroso after a meeting w/ Ukraine's President Petro Poroshenko in Brussels. The leaders of the EU member states are gathering today for a special summit to choose the next chief of EU's diplomacy and European Council president. They will also discuss the international crises in Ukraine, the Middle East, Iraq, Syria, Libya
30 August 2014 14:00
Adelina Marini #euro Donald #Tusk: I hope my election today will mean stopping the division in the EU
30 August 2014 20:22
Adelina Marini
#euco At their summit on 30 August the leaders of the member states will first decide who will be the next high representative for foreign affairs and president of the European Council and then will focus on the international crises in EU's neighbourhood with Catherine Ashton. This becomes clear from Herman Van Rompuy's invitation letter for the summit euinsi.de/s5Vk
28 August 2014 14:12
Adelina Marini
#FAC The best aid #Russia can provide is to call back the terrorist leaders, to stop providing weapons and to de-escalate, said Lithuania's FM Linas Linkevicius before the beginning of the extraordinary meeting of the EU foreign ministers which will discuss the crises in Ukraine, Iraq and Gaza. Mr Linkevicius also said that the humanitarian convoy is being used to cover up escalation. It's very difficult to trust [Russia], he added
15 August 2014 11:46
Adelina Marini #FAC Federica #Mogherini: The actions of the #ISIS in #Iraq are a menace which can reach to the heart of Europe
15 August 2014 18:13
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