The markets for corporate bonds have been developing excellently since March 2009. So far, bank lending has also remained unaffected by the credit crunch feared by the business sector. The government stabilisation programmes and the high provision of liquidity are taking effect. But what do business and politics expect from Basel III and further economic developments? Is the positive development of 2010 going to continue? How do business and politics assess further developments on the credit and securitisation markets? These issues will be addressed by the opening panel, with contributions from the business sector, politics and the banking industry.

The financial crisis was triggered by the US subprime markets. Governments and central banks have taken exceptional measures to stabilise the situation and a wave of regulation has built up and is influencing the markets. Securitisation transactions, in particular, are affected. Have the causes of the crisis also been adequately addressed? What part did the expansionary state fiscal and monetary policies of the past 20 years and the growing external imbalances between the states play in the crisis? To what extent were there also special German features? Has recurrence been prevented? Or are new finance bubbles on the horizon? You can look forward to an interesting discussion between representatives of the business sector and politics.