• Need to see real investment in the real economy
  • Greece could return to the market in 2014/2015
  • Continued inaction over Cyprus poses risks, Russia needs to be part of the solution
  • Spain may avoid a bailout, growth’s needed in Spain (NSS)
  • Should moderate pace of fiscal consolidation
  • If UK left the EU , we’d all be losers
  • UK must clarify it’s position with Europe
  • UK can recalibrate regulatory excess from the past