All integration associations in the world these days are subject to a severe trial and joining any association, a country is to assess thoroughly and soberly whether it is ready to integrate.
The global crisis concerns everybody, but only those countries where the crisis started should take decisions on the way out of it, Suresh P. Prabhu, an ex-Minister of Industry, Energy and Environment of India, declared in the course of discussing the problems of the global economy at the 8th Annual Meeting of Yalta European Strategy.
Centralization of fiscal policy within the European Union is an essential precondition to overcome the crisis within the Euro zone.
The present-day problems in the US and European economies are not linked to the nature of society as it is, they are due to the faults in the financial system.
“No national economies, in fact, exist in the modern world, there is only the global economy and national “poverties”, Shimon Peres, President of the State of Israel, stated in his special speech at the 8th Yalta Annual Meeting of YES.
Science is the only reserve for global development in the modern world, as it is capable of turning into a key driver for effective search of responses to global challenges, Shimon Peres, President of the State of Israel, stated in his special speech at the 8th Yalta Annual Meeting of YES.
In today’s world the ability of countries to cooperate and seek answers to the global challenges together becomes especially important, states Chairman of the Board of YES, President of Poland (1995-2005) Aleksander Kwasniewski.
Now more than ever, an individual, a country and the global community should be prompt, strong and clever to effectively face global challenges arising in all areas and being multiplied at the new qualitative level, stated Victor Pinchuk, YES founder and Board Member, Ukrainian businessman and public figure at the opening the 8th Annual Meeting of Yalta European Strategy.