Euro crisis main focus in Davos

Key business players, experts and politicians from around the world gather today in the Swiss resort of Davos for the World Economic Forum. In addition to the official keynote topic of the economic power shift to the East and to the South, the repercussions of the euro crisis will take the limelight, writes the conservative daily The Times: "Europe is back in the centre of the stage. There is no more pressing and no more important economic question than finding a durable solution to the euro crisis. Though European politicians have taken tentative steps in the direction of such a solution, they have yet to find the answer. A disorderly break-up of the euro would have calamitous consequences for all the Davos delegates, no matter their country of origin. ... If any progress can be made towards solving the debt crisis, something good will have taken place in the snow."

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