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The World on the Economic Wheel: Who’s Really Steering the Future?

Once upon a time, economics was a quiet discipline — a game of charts, forecasts, and acronyms. Not anymore. Today, economics is politics, it’s strategy, it’s survival. Trade wars, energy crises, inflation spikes, and geopolitical rivalries are rewriting the rules of global prosperity. The question is no longer what’s next, but rather: who’s steering this thing?

At the 16th Limassol Economic Forum (25 October 2025, Parklane Resort & Spa), the session “Global & European Economics” promises to shake things up. Forget dry forecasts — this is where big ideas meet bold voices. From the end of neoliberalism to the rebirth of Europe’s economic purpose, the Forum will bring together leading economists, former finance ministers, and thinkers who see the future not as a mystery, but as a design challenge.

When the Model Collapses, What Comes Next?

The session kicks off with an electrifying conversation between Professor Larry Kramer, President of the London School of Economics, and Yousef Gamal El-Din, journalist and host of “You’re In Business”.

The topic? “Beyond Neoliberalism: What Paradigm Comes Next?”

After decades of market worship and deregulation, the winds have shifted.

Pandemics, wars, and inflation have made it clear: the old model is cracking. So, what comes next? A return to state-led economics? A smarter, fairer capitalism? Or something entirely new — an economy where sustainability, innovation, and equity coexist?

Expect a conversation that’s sharp, provocative, and anything but predictable.

Europe’s Economic Identity Crisis

Next up, two familiar names with the weight of experience: Christos Staikouras, former Minister of Finance of Greece, and Harris Georgiades, former Minister of Finance of Cyprus and Chairman of the Clerides Institute.

Together, they’ll tackle the question: Can Europe still lead in a world that’s racing ahead?

Moderated by Yousef Gamal El-Din, the discussion “Europe’s Economy in Transition” will explore whether the continent can balance its green ambitions with industrial reality — and whether fiscal rules can coexist with growth and social stability.

The topics? Fierce and timely:

  • Europe’s competitiveness in an era of protectionism
  • The price of the Green Deal
  • Populism and the politics of austerity

It’s not a debate of clichés — it’s a reality check for Europe, delivered by those who know what it means to manage a crisis.

Debt: The Sweet Poison of Prosperity

Then comes a fireside chat that could easily headline any finance summit: “Government Debt: Benign Addiction or Ticking Bomb?” As global debt soars to historic highs, Georgios C. Georgiou of Allianz Global Investors and Michalis Persianis, Chairman of the Fiscal Council of Cyprus, will take a closer look at the world’s growing addiction to borrowing.

Is debt still a growth engine — or the next global shock in the making?

Between public investment and fiscal discipline, the line is thin, and the stakes couldn’t be higher. This isn’t just a conversation about numbers — it’s about what kind of economies we want to build, and at what cost.

When Geopolitics Meets Economics

And just when you think you’ve got the economy figured out, geopolitics comes knocking. In “Navigating an Era of Disruptive Geopolitics: UK Reflections,” the discussion turns to how shifting alliances, trade tensions, and energy dependencies are rewriting the map of global prosperity.

Drawing from the UK’s experience, the address will explore how nations can remain open, resilient, and competitive — even when the world refuses to play by the rules. Because in 2025, no economy stands alone. The invisible hand now wears a geopolitical glove.

When Limassol Becomes the Capital of Conversation

Every autumn, Limassol turns into more than just a business hub — it becomes a global arena of ideas. The Limassol Economic Forum has evolved into the leading stage for dialogue on economics, strategy, and the future of Europe and the Eastern Mediterranean.

And this year’s “Global & European Economics” session is its beating heart — where theory meets action, and where the next chapter of the world’s economic story begins to take shape.

Because the real question isn’t just how the global economy will evolve.

It’s who’s driving the wheel — and where we’re all headed next.

Conference Information

Organisers: IMH and IN Business magazine

Platinum Partners: Bank of Cyprus, Deloitte Cyprus, Elias Neocleous & Co LLC

In collaboration with: Cyprus LSE Alumni Association

Technology Partner: ASBIS

Supporters: Limassol Chamber of Commerce & Industry, Cyprus Shipping Chamber, Ιnvest Cyprus, National Betting Authority

Media Sponsors: Cyprus Business News (CBN), GOLD magazine

 

For more information and registrations, please contact IMH:

Tel: +357 77777741│ Fax: +357 22679820

Email: events@imhbusiness.com

 

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