Brigitte Mohn opened the high-level event with a welcoming speech and introduced the theme of the evening. She stressed that the Covid-19 crisis has affected many sectors. She said that it was therefore essential to promote and strengthen a more resilient Europe by investing in the international balance of power and competition. She highlighted the aspect of well-being as a fundamental challenge of our time and advocated that there should be other indicators besides GDP to measure real welfare. Due to the crisis, this was more important than before.
Christian Kastrop, State Secretary in the Federal Ministry of Justice and Consumer Protection, moderated the first part of the event. He emphasized the importance of the work of the HLEG in these days. Unfortunately, indicators beyond the "hard" macroeconomic indices had not been considered in politics and economics for a long time. Due to the corona crisis, inequalities would continue to increase and therefore new methods of welfare measurement would be of great importance.