Jean-Michel Six, chief European economist at Standard & Poor's, will be one of the keynote speakers at ULI Europe's annual conference in Paris in early February.
Jean-Michel Six, chief European economist at Standard & Poor's, will be one of the keynote speakers at ULI Europe's annual conference in Paris in early February.
He will be joined in a panel discussion by Prof. Andrea Boltho from Oxford Economics and Prof. Arthur Segel from Harvard Business School.
In the run-up to the conference which carries the title Hope, Hype and Opportunity, Six said he expected the European recession would continue well into 2013. 'We remain fairly concerned about the short-term situation. However we do believe that a fragile recovery will begin in the final part of next year, depending on the outcome of several key events...The aggressive monetary policy in Europe is not working currently because of the fragmented monetary union in the eurozone, and this is generating a crisis of confidence in the financial institutions. However, over the next few months we hope to see the positive impact of the European Central Bank's Outright Monetary Transactions programme on the sovereign debt markets. This could potentially reduce the pressure and restore confidence in the interbank markets...'
The ULI Europe Annual Conference will be held in Paris from 5-6 February.
