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BILDERBERG MEETINGS

SINTRA

JUNE 3RD-6TH 1999

NOT FOR QUOTATION

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Introduction

The forty-seventh Bilderberg Meeting was held at the Caesar Park Hotel Penha Longa, Sintra, Portugal, from June 3rd-6th 1999. There were 111 participants from 24 countries. The participants represented government, diplomacy, politics, business, law, education, journalism and institutes specialising in national and international studies. All participants spoke in a personal capacity, not as representatives of their national governments or employers. As is usual at Bilderberg Meetings, in order to permit frank and open discussion, no public reporting of the conference took place.

This booklet is an account of the 1999 Bilderberg Meeting and is distributed only to participants of this and past conferences and to prospective participants of future conferences. It represents a summary of the panellists' opening remarks for each session, and of the comments and interventions in the subsequent discussion.

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Participants

HONORARY CHAIRMAN
Belgium
Etienne Davignon Chairman, Société Générale de Belgique
HONORARY SECRETARY GENERAL
Netherlands
Victor Halberstadt Professor of Economics, Leiden University
PARTICIPANTS
Italy
Umberto Agnelli Chairman, IFIL-Finanziaraia di Partecipazioni
Spain
Esperanza Aguirre y Gil de Biedma President of the Spanish Senate
United States of America
Paul A. Allaire Chairman, Xerox Corporation
Portugal
Joaquim F. do Amaral Member of Parliament
Sweden
Anders Åslund Senior Associate, Carnegie Endowment for International Peace
Portugal
Francisco Pinto Balsemão Professor of Communication Science, New University, Lisbon; Chairman, IMPRESA
Sweden
Percy Barnevik Chairman, Investor
United States of America
Evan Bayh Senator (Democrat, Indiana)
Italy
Franco Bernabè Managing Director and CEO, Telecom Italia
Sweden
Carl Bildt Member of Parliament
Canada
Conrad M. Black Chairman, Telegraph Group
United States of America
Charles G. Boyd Executive Director, National Security Study Group
Canada
John A.D. de Chastelain Chairman, Independent International Commission on Decommissioning
Great Britain
Kenneth Clarke Member of Parliament
Norway
Kristin Clemet Deputy Director General, Confederation of Business and Industry
France
Bertrand Collomb Chairman and CEO, Lafarge
United States of America
Jon S. Corzine Retired Senior Partner, Goldman Sachs & Co.
Portugal
João Cardona G. Cravinho Minister for Infrastructure, Planning and Territorial Administration
Greece
George A. David Chairman of the Board, Hellenic Bottling Company
United States of America
Christopher J. Dodd Senator (Democrat, Connecticut)
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United States of America
Thomas E. Donilon Attorney-at-Law, O'Melveney & Meyers
Turkey
Gazi Erçel Governor, Central Bank of Turkey
Turkey
Sedat Ergin Ankara Bureau Chief, Hürriyet
United States of America
Martin S. Feldstein President and CEO, National Bureau of Economic Research
International
Stanley Fischer First Deputy Managing Director, International Monetary Fund
Italy
Paolo Fresco Chairman, Fiat
Italy
Francesco Giavazzi Professor of Economics, Bocconi University, Milan
Canada
Peter Godsoe C. Chairman and CEO, Bank of Nova Scotia
United States of America
Donald E. Graham Publisher, The Washington Post
Netherlands
Frank H.G. de Grave Minister of Defence
Portugal
Eduardo C. Marçal Grilo Minister of Education
United States of America
Chuck Hagel Senator (Republican, Nebraska)
Sweden
Tom C. Hedelius Chairman, Svenska Handelsbanken
Norway
Per Egil Hegge Editor, Aftenposten
Canada
Peter A. Herrndorf Former Chairman and CEO, TVOntario; Senior Visiting Fellow, University of Toronto
United States of America
Jim Hoagland Associate Editor, The Washington Post
Norway
Westye Höegh Chairman of the Board, Leif Höegh & Co.; Former President, Norwegian Shipowners' Association
United States of America
Richard C. Holbrooke Ambassador to the UN designate
Belgium
Jan Huyghebaert Chairman, Almanij N.V.
International
Otmar Issing Member of the Executive Board, European Central Bank
United States of America
Vernon E. Jordan Jr. Senior Partner, Akin, Gump, Strauss, Hauer & Feld, LLP (Attorneys-at-Law)
Bulgaria
Nikolai Kamov Member of Parliament
Turkey
Suna Kiraç Vice-Chairman of the Board, Koç Holding
United States of America
Henry A. Kissinger Chairman, Kissinger Associates
Germany
Hilmar Kopper Chairman of the Supervisory Board, Deutsche Bank
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Greece
Yannos Kranidiotis Alternate Minister for Foreign Affairs
United States of America
Marie-Josée Kravis Senior Fellow, Hudson Institute
United States of America
Jan Leschly CEO, SmithKline Beecham
International
Erkki Liikanen Member of the European Commission
Canada
Roy MacLaren High Commissioner for Canada in Britain
Canada
Margaret O. MacMillan Editor, International Journal
Great Britain
Peter Mandelson Member of Parliament
United States of America
Jessica T. Mathews President, Carnegie Endowment for International Peace
United States of America
William J. McDonough President, Federal Reserve Bank of New York
United States of America
Richard A. McGinn Chairman and CEO, Lucent Technologies
Portugal
Vasco de Mello Vice Chairman and CEO, Grupo José de Mello
Ukraine
Ihor Mityukov Minister of Finance
France
Dominique Moïsi Deputy Director, IFRI
International
Mario Monti Member of the European Commission
Portugal
Francisco Murteira Nabo President and CEO, Portugal Telecom
Germany
Matthias Nass Deputy Editor, Die Zeit
Netherlands
Her Majesty the Queen of the Netherlands
Iceland
David Oddsson Prime Minister
Poland
Andrzej Olechowski Chairman, Central Europe Trust
Finland
Jorma Ollila Chairman of the Board and CEO, Nokia Corporation
International
Tommaso Padoa-Schioppa Member of the Executive Board, European Central Bank
Germany
Werner A. Perger Political Correspondent, Die Zeit
Great Britain
Jonathon Porritt Programme Director, Forum for the Future
Italy
Alessandro Profumo CEO, Credito Italiano
Switzerland
David de Pury Chairman, de Pury Pictet Turrettini & Co.
Austria
Gerhard Randa CEO and Chairman, Bank Austria
United States of America
Steven Rattner Deputy Chief Executive, Lazard Freres & Co.
United States of America
Bill Richardson Secretary of Energy
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United States of America
David Rockefeller Chairman, Chase Manhattan Bank International Advisory Committee
Spain
Matías Rodriguez lnciarte Executive Vice Chairman, BSCH
Sweden
Mauricio Rojas Associate Professor of Economic History, Lund University; Director of Timbro's Centre for Welfare Reform
Great Britain
Eric Roll Senior Adviser, Warburg Dillon Read
Sweden
Björn Rosengren Minister for Industry, Employment and Communication
Portugal
Ricardo E.S. Salgado President and CEO, Grupo Espírito Santo
Portugal
Jorge Sampaio President of Portugal
Portugal
Nicolau Santos Editor-in-Chief, EXPRESSO
Netherlands
Ad J. Scheepbouwer Chairman and CEO, TNT Post Group
Austria
Richard Schenz CEO and Chairman of the Board, OMV
Austria
Rudolf Scholten Member of the Board of Executive Directors, Oesterreichische Kontrollbank
Germany
Jürgen E. Schrempp Chairman of the Board of Management, DaimlerChrysler
Denmark
Tøger Seidenfaden Editor-in-Chief, Politiken
United States of America
Robert B. Shapiro Chairman and CEO, Monsanto Company
Russia
Lilia Shevtsova Carnegie Moscow Center
Portugal
Artur Santos Silva President and CEO, BPI Group
Spain
Pedro Solbes Mira Member of Parliament, Socialist Party
Hungary
György Surányi President, National Bank of Hungary
Great Britain
J. Martin Taylor Former Chief Executive, Barclays
United States of America
G. Richard Thoman President and CEO, Xerox Corporation
United States of America
John L. Thornton President and CO-COO, Goldman Sachs Group
Russia
Dmitri V. Trenin Deputy Director, Carnegie Moscow Center
France
Jean-Claude Trichet Governor, Banque de France
United States of America
Laura d'Andrea Tyson Dean, Haas School of Business, University of California at Berkeley
Finland
Matti Vanhala Chairman of the Board, Bank of Finland
Finland
Pentti Vartia Managing Director, Research Institute of the Finnish Economy (ETLA)
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Switzerland
Daniel L Vasella Chairman and CEO, Novartis
Greece
Thanos M. Veremis Professor of Political History, University of Athens; President of Eliamep
Austria
Franz Vranitzky Former Federal Chancellor
Netherlands
Lodewijk J. de Waal Chairman, Dutch Confederation of Trade Unions (FNV)
Great Britain
Martin Wolf Associate Editor and Economics Commentator, The Financial Times
International/
United States of America
James D. Wolfensohn President, The World Bank
Germany
Otto Wolff von Amerongen Chairman and CEO of Otto Wolff GmbH
Turkey
Erkut Yücaoglu Chairman, Tusiad
Czechoslovakia
Michael Zantovský Chairman of the Committee on Foreign Affairs, Defense and Security, Czech Senate
Austria
Norbert Zimmermann Chairman, Berndorf
RAPPORTEURS
Great Britain
John Micklethwait New York Bureau Chief, The Economist
Great Britain
Adrian Wooldridge Foreign Correspondent, The Economist
IN ATTENDANCE
Netherlands
Maja Banck Executive Secretary, Bilderberg Meetings
Portugal
João A. Estarreja Local Organiser 1999 Conference
United States of America
Michael J. Farren Adviser, American Friends of Bilderberg, Inc.
Austria
Diemut Kastner Local Organiser 2000 Conference