Euro Zone

Speakers: Andrew Goldberg, Executive Director and Global Market Strategist, J.P. Morgan Asset Management Peter Guenter, Executive Vice President, Global Commercial Operations, Sanofi Yann Le Pallec, Executive Managing Director, EMEA Ratings Services, Standard & Poor's Keith Savard, Senior Managing Economist, Milken Institute Howard Shore, Executive Chairman, Shore Capital Moderator: Zak Summerscale, Chief Investment Officer, European High Yield, Babson Capital Europe. After its dramatic currency and solvency crisis, Europe has achieved a slack but hopeful stability. To judge by ascending stock markets, investors' perceptions have markedly improved, despite the challenge of balancing fresh growth prospects with the threat of heavy public debt burdens. Have the actions of the ECB and its partners laid the groundwork for a true turnaround? Can officials do more to buttress the monetary union or guide the decisions of key economic players? Which industries are building momentum and may pull others along? Where is capital flowing? What are the biggest obstacles to reviving the continent's economy? Our panel will delve into the riddles of this crucial region's economic future.

Speakers: Paul Coulson, Chairman, Ardagh Group Karl-Theodor zu Guttenberg, Former Minister of Defense and Former Minister of Economics and Technology, Germany; Distinguished Statesman, Center for Strategic and International Studies Erik Nielsen, Global Chief Economist, UniCredit Bank AG Keith Savard, Senior Managing Economist, Milken Institute Josef Stadler, Global Head UHNW, UBS AG Moderator: Anatole Kaletsky, Columnist, Reuters. Despite prolonged anxiety and recent events in Cyprus, the euro zone has held together thus far. Global financial authorities are breathing a bit easier. What can its member countries - and their external partners - do to avert a relapse and strengthen the underpinnings of growth? By and large, governments are adhering to austerity programs to restore fiscal balance, but dissenting factions remain influential. Will the resistance in Italy derail aid from the European Central Bank and perhaps fan anti-cutback movements in other countries? How does Germany see its role as underwriter of stability, and will the fall election transform its stance? This panel will also discuss the prospects for renewing overseas investment in Europe and the future of the welfare state as well as the still serious risk of departures from the alliance.

Speakers: John Micklethwait, Editor-in-Chief, The Economist Ana Palacio, Member, Spanish Council of State; former Minister of Foreign Affairs, Spain George Papaconstantinou, Former Minister of Finance and former Minister of Environment, Energy and Climate Change, Greece Keith Savard, Senior Managing Economist, Milken Institute Moderator: Thomas Mayer, Senior Fellow, Center of Financial Studies, Goethe Universitat Frankfurt; Senior Advisor, Deutsche Bank. The roller coaster ride in Europe goes on. One week, there's optimism, with a new bailout strategy or political change that temporarily sends hope spreading through financial markets. But next comes disappointment as politicians begin to offer their own unique interpretation of how new measures will work, often leaving investors frustrated and confused. This panel will forecast the next stages of the saga, offering perspectives on the fallout of a potential euro zone breakup and the European Central Bank's maneuvers. Are European leaders waiting until after the U.S. elections next month before taking stronger steps, such as pushing Greece out of the euro zone? As capital markets seek to understand the topsy-turvy new world of political economy, is Europe already too cheap to ignore, or is a bigger downdraft ahead - and what impact, if any, will this have on an already weak global economy?

Speakers: Frederick Khedouri, Partner, Apollo Management International LLP. Dambisa Moyo, Author, Economist. Eugene O'Callaghan, Investment Director, National Pensions Reserve Fund of Ireland. Huw Pill, Managing Director and Chief European Economist, Goldman Sachs. Xavier Rolet, Chief Executive, London Stock Exchange Group. Moderator: Jason Cummins, Head of Economic Research, Brevan Howard Asset Management LLP. European officials have announced one rescue plan after another, but their efforts have bought only temporary reprieves, as looming fears of Greek default and contagion have periodically roiled world markets. Can policymakers better coordinate efforts and avoid a meltdown, or is the sovereign debt crisis too big for a bailout? Can European banks withstand the stress? At this critical juncture, our panel of experts will analyze the implications, including whether the monetary union will remain intact — and what kind of structural changes might provide greater stability in the future.