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As Europe enters a new and dangerous stage of crisis, the corporate world is battling to make sense of the rapidly changing
environment. Electorates are not prepared to accept the pain of the austerity measures being imposed on them, the financial
system is still in a state of flux, and with Greece’s woes comes a threat to the future of the eurozone itself, combined with the
spectre of contagion on countries that are already struggling to pull themselves out of the quagmire. The emerging markets,
meanwhile, may be strong in terms of economic growth, but the outlook is tempered by political volatility.
Bellwether Europe 2012 brought together regulators, investors and key figures from the business world to debate the issues.
The rescue measures seen so far in Europe have, at best, only bought time – others see it as having wasted valuable time.
Confidence needs to be restored, and quickly. As for investors, they need to accept that there is no ‘safe haven’ and should be
examining attitudes to risk given the severity of the problems in the developed world.
The conference, sponsored by BNY Mellon (Founding Sponsor) and London Business School (Silver Sponsor), could not have
come at a more pertinent time.