Addressing the participants of the World Economic Forum Annual Meeting 2011, Nicolas Sarkozy, President of France, framed his vision for the G20 by noting that, "We are 11 years into the 21st century, yet we are still functioning with the rules of the 20th Century." We have entered an age where it is ever more important to talk and listen to each other, to identify the collective common interest, and find news ways of thinking to help us build the future.
Over the past 18 months, at the brink of the precipice, there was little choice behind the decisions made by the G20; it is now time to keep cool heads as the decisions get tougher. The G20 must be productive, and its agenda will focus on three major risks: sovereign debt, monetary and financial imbalance, and the impact of inflation on growth and the soaring price of commodities.
When asked by Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, whether the euro has the capacity to survive, he said that, for the 17 member countries, the euro is a magnificent symbol of lasting peace. There is a need to deepen and integrate the defence of the euro and never turn away from it.
http://www.weforum.org/videos/vision-g20?fo=1
Over the past 18 months, at the brink of the precipice, there was little choice behind the decisions made by the G20; it is now time to keep cool heads as the decisions get tougher. The G20 must be productive, and its agenda will focus on three major risks: sovereign debt, monetary and financial imbalance, and the impact of inflation on growth and the soaring price of commodities.
When asked by Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, whether the euro has the capacity to survive, he said that, for the 17 member countries, the euro is a magnificent symbol of lasting peace. There is a need to deepen and integrate the defence of the euro and never turn away from it.
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