Leaders In Europe Must Pull Up Their Socks To Deal With Economic Uncertainty

By: Rachita Sharma, Managing Editor | Thursday, 19 December 2024

The past few years have been quiet challenging for the global economy. Starting from the global pandemic to the Russia-Ukraine war, global events in the recent past have brought with them major challenges for industries across the globe.

The European region has been at the receiving end of the hardships brought by aforementioned events which has caused the European economy to contract slightly at the end of last year and beginning of 2023. This was a direct impact of the loss of Russian natural gas and high inflation on consumer spending.

Based on data by the European Union’s statistics agency Eurostat, among the 20 nations that use the euro currency economic output dropped 0.1 percent in the final three months of 2022 and first three months of 2023 as compared to previous quarters.

This resulted in two consecutive quarters of decline which has led to a recession. The times are tough and the need of the hour is for governments and industries to pull up their socks to beat the recession lest it snowball into a deeper problem.

In the midst of tough challenges, it is the business leaders who have been working hard to run organizations successfully. The current edition of GWL magazine shines the spotlight on women leaders from Europe who have been the catalyst of growth and development.

On the cover we have Tamar De Leeuw, Interim CEO. She is a dynamic leader renowned for her talent driving companies towards unparalleled success. With a background in finance and wealth management, she embarked on a remarkable journey that saw her ascend to pivotal roles, including COO and CEO, navigating transformative organizational changes with finesse.

The magazine edition also features an interaction with Cecile Beliot, the CEO of Bel Group. With a strong background in marketing and management, she has driven significant international expansion and innovation, particularly in alternative proteins. Cecile is dedicated to making nutritious food accessible while promoting social and environmental responsibility.

Also read about Cinzia Romanelli, Founder & CEO, Building Heritage, Forbes Global Properties. With 20 years of experience in the real estate industry, Cinzia Romanelli specializes in luxury real estate and investments. Supported by a team of highly skilled and efficient professionals, she can address all areas of the real estate market with expertise, professionalism, and speed. Cinzia is open to various forms of collaboration, believing firmly that "together we win!

Read more about these women leaders and the secret to their success.

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