Reuters Asks: What’s Europe’s biggest economic concern?
Sept. 9 - Influential thinkers and leaders at the Ambrosetti Forum including Trichet, Roubini and Zoellick give Reuters’ Lucy Marcus their take on the biggest issues facing Europe’s economy.
TRANSCRIPT +
On the man of the moment. The eurozone. And all of our state. The Freddie Freddie bailout but. That order him not coming up bank based on economic ability to integrate all the problems remain. He -- no time for complacency and cool the main problems. In school and he has to. East front for a cool -- always come. We did you move meant -- close attention. Mario Draghi took some very important steps last year billion. Making sure that he used the powers that -- CD about to stabilize our monetary. And financial situation. But monetary policy doesn't solve fundamental problems and those go to the structural competitiveness of the European economies. They go to -- with the dead and a good idea with the banking systems and those issues are still ahead of Europe twist that -- you -- we've. A unique case. The single currency which -- a single financial markets close. The very brave experiment that that. This play needs simplified itself. Girls you know there -- -- ago that is banking junior left and reopening the credit that she will. Jobs. That you know it's just -- Almost Cilic cuts can have -- -- -- and young people and some countries more than twenty. 1450%. In Spain Italy Greece I mean really young people and young generation this is the most important test.