15 November 2011

In Paris to speak about the economy

I gave a speech at the Guelbenkian Foundation about Europe's place in the world and the crisis today (technically it was yesterday because it is already past midnight). In the evening, I was also invited to "Le Club LCI" where I also discussed Europe's economic outlook, stressing the fact that Europe may enter into a recession in 2012. These are important times for Europe and for the European Union to get out of the crisis we will have to take decisive measures - but this will not be a sprint but rather a marathon.

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