HELLERUP, Denmark, September 3, 2013 /PRNewswire/ --
Data published recently suggested that the Eurozone had emerged from recession, but any relief may be short lived. Tensions remain within the Eurozone countries as they confront a myriad of issues relating to the future of its banking and fiscal union. The German election in September is likely to have a material impact on developments in Europe; the PIGS economies are still in a precarious state and on top of this, several key members, including France, face increasing fiscal and political challenges.
On Friday, 13 September, Saxo Capital Markets will host a debate at Bloomberg's European Headquarters in London entitled Trading Debates: "The end of the Euro as we know it". Saxo Bank will be joined by former Czech President Vaclav Kaus, Nigel Farage, leader of the UK Independence Party, and business leaders and financial analysts from around Europe to debate the future of the Eurozone and the single currency.
Lars Seier Christensen, co-CEO and founder of Saxo Bank will introduce the debate, followed by a keynote speech from Václav Klaus, who will concentrate on European integration and the unsustainable nature of the European project. The former President's bestselling novel, Europe - The Shattering of Illusions was recently published in English and it is here that he analyses the issues and problems that Europe is facing.
Following the President's key note speech, there will be two rounds of debates on the impact of government and monetary policies on the economy and the financial markets featuring Saxo Bank's Chief Economist Steen Jakobsen, Senior FX Strategist of UBS Investment Geoffrey Yu and FX Strategist at Commerzbank Bank Peter Kinsella among others. Nigel Farage, MEP and leader of the UK Independence Party will close the debate with an endnote address that will leave participants will a number of arguments to consider in favour of the UK to leave the European Union.
"Merkel's Europe is not punitive and alienating. It's fair. She wants the EU member states to follow rules and ensure Europe becomes more competitive. She is a problem solver and there's nothing wrong with solving concrete problems. However, politics is also about declaring new ideas and visions. It's about setting an agenda instead of following a popular sentiment. Merkel has yet to do that. Germans are in no mood for change, the polls show. Merkel is likely to win the election on September 22. She will then stay the de facto leader of the EU and its future and disaster currency will be determined by this former research chemist. As I see it, the research is done. The verdict is out. We have to re-evaluate the EU."
Date: 13 September, 2013
Time: 10:30 am - 15:30 pm
Venue: Bloomberg European Headquarters, City Gate House, 39-45 Finsbury Square, London.
Saxo Capital Markets extends an invitation to all parties interested in attending this free event. For more information (incl. the full programme) and to register your interest, visit: http://www.tradingdebates.com
Join the #TradingDebates LinkedIn group
About Saxo Bank
Saxo Bank is a leading online trading and investment specialist, offering private investors and institutional clients a complete set of tools for their trading and investment strategies. A fully licensed and regulated European bank, Saxo Bank enables clients to trade FX, CFDs, ETFs, Stocks, Futures, Options and other derivatives via three specialised and fully integrated multi-asset trading platforms; the browser-based SaxoWebTrader, the downloadable SaxoTrader and the SaxoTrader app. The platforms are available in over 20 languages and are white-labelled by more than 100 major financial institutions worldwide. Saxo Bank also offers professional portfolio and fund management as well as traditional banking services through Saxo Privatbank. Founded in 1992, the Saxo Bank Group is headquartered in Copenhagen with 23 local offices throughout Europe, Asia, Middle East, Latin America, Africa and Australia.
SOURCE Saxo Bank