The European and the US paper packaging market environment remains in a reasonably good shape this year despite certain headwinds, CEOs of the top European companies and the US's Graphic Packaging said during a panel discussion at the RISI European conference held on February 29 - March 2 in Berlin. The panelists, which included Smurfit Kappa Group CEO Tony Smurfit, Sappi Europe CEO Berry Wiersum, Progroup CEO JA1 4rgen Heindl and chairman of Graphic Packaging David Scheible, agreed that despite some overall worries in the financial and political circles of challenging times ahead, consumer spending power is likely to remain positive giving a boost to growing packaging demand.