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"It probably hurts confidence but we've got to roll up our sleeves now and get on with the game," added Schmidt.
* Germany says ditching debt-cutting goals hurts confidence.
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"The intensifying crisis in Europe has hurt confidence and threatened global economic recovery.
But the experience last year showed that such high-stakes negotiations can hurt confidence.
That kind of talk might have been necessary to assure support for stimulus, but it certainly hurt confidence.
This is often because prices are driven by other factors that hurt confidence, such as wide unrest in the Middle East.
Australia cannot afford reckless and piecemeal changes that would hurt confidence, discourage investment and damage the economy".
"If the politicians start lobbing grenades at each other, that's going to hurt confidence, not help confidence," Mr. Sohn said.
Some investors, including Fidelity Worldwide Investment, called this month for an urgent review of executive pay practices, saying excessive paychecks hurt confidence in companies' management teams.
The fear, one that has been echoed in the United States, is that the indictment could hurt confidence in the wider financial services industry.
The meeting in Berlin took place amid worries that an insolvency would hurt confidence in Germany's banking system and require authorities to compensate depositors.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com