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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 Structural reforms and sound public finances are the key conditions for investment. This is the main conclusion of the heads of state or government of the EU in Brussels. It makes it clear that there will be no change to the existing rules in the Stability and Growth Pact. The main focus of the summit was on energy security and climate targets. You can read the full text of the European Council conclusions here euinsi.de/aiVC
24 October 2014 15:56
Adelina Marini #euco @David_Cameron: "Of course in an organisation like this, when your economy grows a little faster or your economy grows a little slower there are adjustments. And there can be adjustments every year. And we've seen them. Sometimes you pay a little bit more, sometimes you pay a little bit less. But it has never been the case that a 2 billion euro bill has suddenly been presented"
24 October 2014 18:10
Adelina Marini
#EPhearings2014 Every moment now is about to begin the official presentation of the new College led by Jean-Claude #Juncker. All commissioner-designates are already in the plenary in Strasbourg. After the presentation there will be a debate on the distribution of portfolios. You can watch the event live if you follow this link or stay tuned for live updates by euinside euinsi.de/NEGp
22 October 2014 09:06
Adelina Marini #EPhearings2014 Matteo SALVINI (non-attached): Mr Juncker, you have participated actively in the past 25 years, taking various posts, for the current economic disaster
22 October 2014 11:01
Adelina Marini
#EPhearings2014 The hearing of Maros #Sefcovic is about to begin, #Slovakia's candidate for vice president for the energy union. You can watch it live following this link or stay tuned for live updates euinsi.de/wv9r
20 October 2014 19:07
Adelina Marini #EPhearings2014 Undoubtedly, Maros #Sefcovic has passed
20 October 2014 21:49
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