Once again, the World Economic Forum's lineup of keynote speakers was extremely impressive. Let's be frank, what other forum in the world—especially in such an inconvenient and remote location—actually manages to attract not just German Chancellor Angela Merkel and UK Prime Minister David Cameron, but also policy heavyweights Mario Draghi from the European Central Bank and Timothy Geithner from the US Treasury Department in the space of only three days? Well, very few.

Getty Images It's an election year for Nicholas Sarkozy.

But browsing through the session and attendees lists, I couldn't shake off the thought that some of the key people are actually missing this year. No, I'm not talking Bono and Angelina Jolie.

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Sean Gallup / Getty Images A one Euro coin stands on a map of Brussels.

This is a live blog from "The Future of the Eurozone," an event at the World Economic Forum in Davos, Switzerland, in which our panelists will debate the question, "How will the Eurozone economies emerge from the euro crisis?"

The event's panelists include:

Francois Baroin, minister of economy, finance and industry of France; Luis de Guindos Jurado, minister of economic affairs and competitiveness of Spain; Olli Rehn, vice president, economic and monetary affairs, European Commission, Brussels; Wolfgang Schauble, federal minister of finance of Germany.

The Future of the Eurozone is chaired by Maria Bartiromo, anchor of CNBC's "Closing Bell."

All times are Central European Time (CET). The event is scheduled to run one hour.

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Despite reports suggesting that Iran is considering a halt to all oil exports to Europe as a response to European Union and US sanctions, the head of energy watchdog the International Energy Agency said that releasing reserves under its control is not something under consideration now.

Maria van der der Hoeven, the executive director of the IEA told CNBC on Thursday that "releasing strategic reserves would only be a question if there is a real and serious disruption of supply. And that is not the case at this moment."

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The EU should build up more resources for a firewall around Greek debt, Sweden's Finance Minister Anders Borg told CNBC at Davos Thursday.

CNBC.com

"We need to see some further progress when it comes to building up resources in the euro zone (to contain the Greek debt crisis)," he said, as talks on the resolution of Greece’s debt crisis continued.

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There is an "unprecedented sea" of new regulation for banks, Baudouin Prot, BNP Paribas chief executive, told CNBC in an interview at Davos.

Regulators need to make sure they're not "overloading" banks, and that regulations are enforced around the world, he said.

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Lord Nicholas Stern of the London School of Economics didn't equivocate about his feelings on austerity in the United Kingdom when he spoke with CNBC on Thursday: It has not worked.

Adam Gault | Digital Vision | Getty Images

Turning to austerity as a new model for economic recovery was and is unnecessary, Stern said.

"The UK doesn't need a plan B. It just needs to fix Plan A," the IG Patel professor of economics and government said from Davos.

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