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Davos Annual Meeting 2009 - Update 2009: Europe

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Uploaded by on Jan 28, 2009

Update 2009: Europe
There are plans for European countries to spend 1.5% of their gross domestic product - 200 billion euros - to restore growth across the continent, but the fiscal situation in many economies remains dire.

What are the options for Europe to counter the nearly half per cent drop in GDP that is expected in 2009?

Richard Lambert, Director-General, Confederation of British Industry, United Kingdom
Jacek Rostowski, Minister of Finance of Poland
Dennis J. Snower, President, Kiel Institute for the World Economy, Germany
Valdis Zatlers, President of Latvia

Moderated by
Charles Grant, Director, Centre for European Reform, United Kingdom

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  • the only prosperous industry of the world is the banking system from europe. so what a hell it's going on..

    there are only 2 things that are infinite in this world..

    1- the universe.

    2- the human stupidity.. ALBERT EINSTEIN...

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