What a difference a year makes! At the last World Economic Forum in Davos there were frantic secret meetings on saving the euro and private straw polls on whether the euro zone would break up and how soon Greece would be forced out. Twelve months on, the euro’s survival is widely taken for granted by the policymakers and business leaders attending the annual forum, and the EU’s top economic official has time to go skiing while in the Swiss mountain resort. “I recall last year in 2012, Davos was full of uncertainty about the euro zone,” European Economic and Monetary Affairs . Commissioner Olli Rehn said in an interview. “Last year there was a very tense mood here. This year I think we are seeing a sentiment moving from stabilisation to recovery, and that means I should get a chance to do some cross-country skiing.”
