Monday, January 28, 2013

THE ANNUAL WORLD ECONOMIC FORUM FOR THE YEAR 2013 FOCUSED MAINLY ON EUROPE'S SIGNIFICANT ISSUES THAT REQUIRES ACTION, NEW DIRECTIVES AND CHANGES IN THE GOVERNMENTS VARIOUS POLICIES.

THE ANNUAL WORLD ECONOMIC FORUM FOR THE YEAR 2013 FOCUSED MAINLY ON EUROPE'S SIGNIFICANT ISSUES THAT REQUIRES ACTION, NEW DIRECTIVES AND CHANGES IN THE GOVERNMENTS VARIOUS POLICIES.

      The World Economic Forum for the year 2013 that has been held and concluded in Davos Switzerland focused mainly on Europe's significant issues that requires action, new directives, or changes in the various governments policies within the Eurozone. Some of the important issues discussed during the meeting entailed the higher demands placed on Eurozone member countries for more efficiency required for economic production, upgraded credit line for financial freedom and upgraded higher living standards of the Eurozone member countries that may be regarded as weaker, or struggling European countries economies. The effect of the European Austerity Measures with the repeated demand for more time, or further extension of the allocated time period for loan repayment by the Eurozone struggling economies. Mounting debt pressure, increasing budget deficit of the Eurozone member countries and the World Environmental Protection issues with the focuse on pollution of the environment, due to fossil fuel combustion with the emphasis on changes in the energy policies of the Eurozone member countries for sustainable, environment friendly alternative sources of energy for both the prevention of the environment from pollution and depletion of the World's natural resources.

                                                          Written by Professor Godfrey Ohia.

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