What's Europe's Biggest Economic Concern?
Influential thinkers and leaders at the Ambrosetti Forum including Trichet, Roubini and Zoellick give their take on the biggest issues facing Europeâ€™s economy.
This past weekend I participated in the Ambrosetti Forum. Held at Villa d’Este in Cernobbio, Italy, it is a gathering of heads of state, business people, and experts from around the world.
I took the opportunity to ask some of the other participants and speakers their thoughts on some big issues facing us today.
In this video, former president of the European Central Bank Jean-Claude Trichet, economist Nouriel Roubini, former president of the World Bank Robert Zoellick, former Chancellor of Austria Wolfgang SchÃ¼ssel and others give their brief candid thoughts on what they see as the biggest issue facing the European economy.
Two key points stood out:
- Fiscal, economic, political and banking integration
- Jobs for the young
This is no time for complacency.
Monetary policy doesn’t solve the fundamental problems.
To get jobs for the younger generation is by far the most challenging task.