It is worth underlining that the impact of Euro-Atlantic cooperation since the Second World War has been enormous and positive in all walks of life. Current developments, described by the organizers as ‘growing together while growing apart', could have equally far reaching consequences for US and European businesses and citizens, but to the reverse direction.
It is essential to maintain our current global institutions, but at the same time to reform them to face new challenges. While the IMF has been able to adapt itself successfully in the post-crisis era, it is the World Trade Organisation that is in the greatest need of reform today.