THE SWEDISH CENTER RIGHT APPROACH IS A BOWL OF FRESH AIR

Despite headwinds from the Eurozone, Sweden's track record of sound monetary, fiscal management and high level of national savings leaves it well placed to cope with increased macroeconomic risks. The country's public finances are among the strongest in Europe, which provides scope for boosting investment to create more jobs in growing enterprises, while policies aimed at reducing exclusion and creating more paths into jobs for people who are far removed from the labour market will continue.

ANEMIC RECOVERY FORECAST FOR THE EUROZONE IN 2013

The disparity between the Eurozone's north and south poles has widened and growth in 2013 will be inconsistent. Some countries will show some growth in 2013, but the periphery countries will continue to show negative growth rates.

Positive GDP Growth Forecast 2013

  • Estonia: 3.5%
  • Luxembourg: 2.4%
  • Slovakia: 2.1%
  • Malta: 1.9%
  • Germany, Finland: 1.4%
  • Austria: 1.3%
  • Slovenia: 1.1%
  • Netherlands: 1.0%

Below 1%

NEW STRATEGY NEEDED TO TACKLE EUROPE'S JOB CRISIS

We are now in the fifth year of the economic crisis and there is little indication of any improvement. Joblessness has reached record levels and the outlook is one of stagnation.

In July 2012, the Euro Area seasonally-adjusted unemployment rate was 11.3% and the EU 27 it stood at 10.4%. There are 25 million men and women in the EU 27 without a job. More than 5 million are young people. 25 million is equivalent to the total population of Denmark+ Estonia+ Latvia+ Lithuania+ Ireland+ Slovenia+Slovakia+Cyprus+Luxembourg.

13 Members Below 10% Unemployment

THE TIME HAS COME FOR A FRENCH COUNCIL ON JOBS AND COMPETITIVENESS!

With 3 million unemployed people, France urgently needs to set a Council on Jobs and Competitiveness to provide advice to the President and Prime Minister on strengthening the French economy; ensuring the country's competitiveness and on ways to create jobs, opportunity and prosperity for the French people.

PUBLIC AND GOVERNMENT AFFAIRS PROFESSIONALIZATION IS IMPERATIVE!

An overwhelming majority of public and government affairs practitioners throughout the world are stronly in favor of reorganizing their current professional body so that it will have sufficient authority, power and legitimacy to legislate rules and regulations on behalf of practitioners and perform the functions to promote and protect the well-being and reputation of the profession.

1. Need to professionalize Public and Government Affairs

WELCOME RUSSIA TO WTO !!!

After 18 years of pursuit, Russia has become the 156th member of the World Trade Organization. Although many Russians claim that the accesion will hurt sectors of the domestic economy and even undermine national sovereignty and security, the entry will benefit Russia. In the short term, Russia is not likely to get immediate benefits from the accession and certain sectors of the economy may suffer pains as the country has to gradually lower its average tariff ceilings. Its budget revenues could also see a considerable drop.

TUMULTUOUS GLOBAL ENVIRONMENT AHEAD

The global economy could be a very difficult environment in which to find shelter. For starters, the eurozone crisis is worsening, as the euro remains too strong, front-loaded austerity deepens recession in many member countries, and a credit cruch in the periphery and high oil prices undermine prospects of recovery. The eurozone banking system is becoming balkanized, as cross-border and interbank credit lines are cut off, and capital flight could turn into a full run on periphery banks if, Greece stages a disorderly euro exit in the next few months.

POLITICAL INTELLIGENCE AND WHAT IT REALLY MEANS

The lobbying world is no longer confined to influencing legislation and regulations. Increasingly lobbying firms are offering 'Political Intelligence' services.

FRANCE ZERO GROWTH IS A WORST CASE SCENARIO HAPPENING

France's zero growth for the second quarter means that its economy is at a standstill. In other words it is marked by economic stagnation. Zero growth means continued high joblessness that will lead to decreased expectations on the part of the wage earners and a feeling of helplessness, as opportunities for personal improvement and wealth creation evaporate. As millions French people remain among the ranks of the unemployed, the drag on economic activity will continue. This dire scenario will have a marked effect on the French public.

GOVERNMENTS SHOULDN'T BE RESPONSIBLE FOR BANK LOSSES

Conventional wisdom holds that Spain must rescue its banks from its tens of billions of euro worth of bad property loans. If Spanish banks failed, the thinking goes, Spain itself would be plunged into depression, the euro itself would face heightened risk of breakup imperiling the rest of Europe's economy too.

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