English Български
Follow Us
Subscribe
Search : [ ]
|

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
The European Commission is about to announce its decision whether to recommend stripping #Poland of its voting rights in the Council because of the systemic undermining of the rule of law. Stay tuned for live updates
20 December 2017 12:23
Adelina Marini #ruleoflaw Timmermans: We cannot take into account how some people will react if there is a clear legal need to act
20 December 2017 13:30
Adelina Marini
#EUCO This afternoon, in Brussels, will begin the last EU summit this year. It will be the first that will work on Donald Tusk's Leaders' Agenda (details in the link below). In his agenda two topics are planned for the December European Council - migration and the future of the EMU. Both have already created strong tensions between Tusk and the Commission after the European Council president came up with documents of his own, which are much more reduced than those of the Commission, and reactions in the building across the street were furious. The leaders will mark the launch by 25 member states of PESCO at a special ceremony today. Leaders will be joined by NATO secretary general to discuss EU-NATO cooperation. Leaders are also expected to extend sanctions against Russia after hearing a report by Angela Merkel and Emmanuel Macron on the implementation of the Minsk agreements. Progress on the Brexit negotiations will be discussed on Friday. This is one of the toxic issues on the agenda. On Friday will take place also the expanded euro area summit, which is open for non-euro countries as well. Stay tuned for details and live updates throughout the day and tomorrow! euinsi.de/0Dcy
14 December 2017 10:17
Adelina Marini #EUCO Juncker: I'm sure Avramopoulos's words are a misunderstanding and we should not pay so much attention
15 December 2017 14:49
Adelina Marini
During a hearing at the economic committee of EP #Eurogroup chairman Jeroen Dijsselbloem paid tribute to #Greece for the impressive implementation of the 3rd bailout programme
7 December 2017 09:19
Adelina Marini #Eurogroup Dijsselbloem: I remember when #Germany as the sick man of Europe but they did significant reforms. I'd tell the Germans that this impact won't last forever
7 December 2017 11:02
newsletter


You can unsubscribe here from our newsletter

follow us
Абонирайте се за мен в YouTube
partners Citizen-E
Open Montenegro
One Europe
euinside