On the rising fears over the euro zone, Daniel Gros, the director of the Centre for European Policy Studies, said: "In early summer the heads of EU governments finally acknowledged that fiscal adjustment and structural reforms alone are not enough to establish market confidence."
In one of the opening day's discussions, Gordon Brown, the former British prime minister and now a United Nations special envoy for global education, said: "I'd like to change the old saying of US presidents to 'it's the global economy, stupid'."
"Such a shift in priorities among members surveyed suggests that experts now contemplate a considerable political as well as financial fallout from the crisis, as euro-zone countries struggle to keep public debt levels in check," said the WEF.
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