Who could have imagined that Lehman Brothers would no longer be an active member of the financial industry? Companies therefore need to revamp their investment strategy to cope with these changes. Third, we need to be reminded of the importance of having in place a good corporate governance regime.
But a more fundamental European rethinking is needed. The energy crisis marks a discontinuity in our growth model that will require a permanent response to fundamentally increase the supply of sustainable energy over the medium term. A common initiative leading to the establishment of a climate and energy security fund would mark a major step in this direction.