BRUSSELS Sentiment in European financial markets has turned.

State owned enterprises, or their subsidiaries, dominate key markets, as in interwar Italy.

Electricity grids are the key infrastructure element that will connect the EU power markets.

By December 8, 2006, it had completed its launch in the four key markets.

BRUSSELS August was quieter than feared on the European bond markets.

Europeans need Russian gas, but Gazprom needs European markets and investment.

The majority (85 ) of Libyan oil is exported to European markets.

There are concerns about the resurgence of protectionist tendencies and sentiments in some key markets.

European bond markets are again delivering a chilling message to global policymakers.

Recent German statements have pushed key European countries decisively closer to that point.

European Central Bank President Jean Claude Trichet would never allow this to happen to the ECB he manipulates markets markets don t manipulate him.

The European Union believed that UNHCR should play a key role in that process.

And, in key markets around the US, four years into the housing slump, home prices continue to fall.

Energy can be a key driver of European competitiveness and the transition to a low carbon economy, benefiting European businesses and citizens alike.

Hence, access to tailor made information and e business platforms are key requirements for SMEs entering the global markets.

Moreover, flexible labor markets imply adversarial labor relations, particularly when compared to northern European countries.

The European debt crisis, however, remains, and markets do not fully trust the current calm.

After all, when that decline resumes, their dollar holdings will buy less in European markets.

One of the key achievements of the European Union is mobility of goods and inputs.

As the Secretariat had mentioned, disclosure was a key obligation under the European Union Directive.

And spillover effects from Greece will continue to affect Balkan and other emerging European banking markets.

European growth, with its heavy dependence on trade, received a special boost, as did emerging markets.

Suddenly, the single European market is forgotten, and a return to fragmented markets is taking root.

European Central Bank President Mario Draghi provided such a narrative to the financial markets last July.

The second key challenge that we will face during our European presidency is that of Russia.

There is a need to address a range of obstacles, including weak institutions, deficient infrastructure and trade barriers in key markets.

To boost their output and allow them direct access to European markets will require market based incentives.

Many emerging country exporters, struggling to retain customers in the wobbly US and European markets, feel otherwise.

If markets are opened up, countries should be given the right to countervail American and European subsidies.

As a result, developments in southern European will remain a key factor determining Europe s course in 2013.

European fixed income markets rallied strongly as a result, only to reverse course days later when Trichet and his colleagues made it clear that the markets had misread him.

UNIDO would be a key partner in the development of industrial activities, providing advice on quality, product design, markets and consumer preferences.

So, across Europe, a key question is this what is the future of the European social market model?

Indeed, the crisis has turned France and Germany once more into the key players of the European process.

A key characteristic of the European crisis has been the strong correlation between banking stress and sovereign distress.

The key lesson for European policymakers is thus that it is possible to bail in a bank s creditors.

In 2007, 72 of the European population lived in urban areas, which are key to growth and employment.

While the United States and the European Union (EU) 15 top the list, with their markets exceeding 6 trillion each, developing countries' markets are the main concern of global retailers.

The direct presence of several government agencies (e.g. EDB and IE Singapore) in key markets further offers assistance and assurance to Singaporean investors.

(d) To help ensure momentum and visibility on the key United Nations policy issues with European Union counterparts by creating a platform for discussion and advocacy around key United Nations reports

The Kyoto Protocol has generated new markets for trading carbon emissions, such as the European Emissions Trading Scheme (ETS).

Germany needs both China s markets and the funds that its government can deploy to purchase German and European bonds.

While European leaders have repeatedly done what previously seemed unthinkable, their responses have been out of synch with markets.

BERKELEY Financial markets are increasingly certain that a Greek debt restructuring is coming, and European policymakers fear the worst.

Eventually, as in the Asian crisis, European governments and the European Commission fell out with the Fund and began to blame its analysis for having confused and unsettled markets.