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Business Daily: Eurozone crisis

17/05/2013

Eurozone crisis

BBC World Service - Business Daily, Eurozone crisis

Which way forward for the eurozone? We hear from business leaders - some pesemistic and some optimistic.

Europe, or at least the Eurozone, we learned this week has been in recession for eighteen months. The financial crisis continues to bear down on economic prospects and there are many issues about the business environment that worry executives. Andrew Walker has been hearing the views of senior business people about what Europe needs to do. Helge Lund, Chief executive of the Norwegian oil and gas giant Statoil tells Andrew about the suspected manipulation by Statoil and other companies of published oil prices that act as important benchmarks across the industry.

Plus he speaks to Christian Morales, a vice President of Intel and the general manager for Europe, the Middle East and Africa; Karsten Langer a partner in the global firm Riverside that invests in a wide range of enterprises from flooring to animal feed to software; Sean Schmitt the managing partner at Jolt Capital based in Paris and Mans Hultman who started a technology business called Qlik Tech in his native Sweden but felt he had to take it across the atlantic to the United States to get the company traded on the NASDAQ exchange along with many of the world's leading tech businesses.

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