"It’s hard to see the global economy doing anything other than going sideways in the next 12 months or so. Over the next three years, if one is optimistic and we avoid some sort of major financial event, maybe there’s some light at the end of the tunnel."
"During the past, we saw significant growth in Europe, but that growth was largely fuelled by debt. Now, in order to move from growth that is fuelled by debt, to growth that is fuelled by investment and productivity, we need to change labour relations. We’re very much in need of deep structural changes."
"It’s more useful to view things over the long-term; tough economic times will eventually be followed by a period of growth. My own view is that Asia and Africa are going to be key drivers of future global growth."
President and Chief Executive Officer of Takeda Pharmaceutical Company Ltd.
"No one has a crystal ball, so we think in scenarios and not in certainties."
President and Chief Executive Officer of Georg Fischer Ltd.
"Recession has adversely affected the national economies of certain countries but, all in all, I would assess the current condition of the global economy as stable rather than regressive or fraught with catastrophe."
"We see challenges in 2013 everywhere, but we see opportunities too."
Chairman and Chief Executive Officer of International Flavors & Fragrances, Inc.
"We believe that the economy globally will grow, but only slowly. In Europe growth in 2013 will be very slow. In Germany growth in the first half of 2013 will not be very positive, but will pick up later in the year and going forward."
Chairman of the Board of Managing Directors of Commerzbank AG
"Although the world’s economy is recovering, I think that we are going to see growth at a lower level than the long term global trend over the next two or three years."