Lessons from the Eurozone Crisis

9 June 2011

Speakers:

• Dr Yannos Papantoniou, former Greek Economy, Finance and Defence Minister
• Edmond Alphandéry, former French Minister of the Economy and Chairman of the Euro50 Group, Friends of Europe Trustee
  
• Giles Merritt, Secretary-General of Friends of Europe and Editor of the policy journal Europe's World
• Sir John Gieve, Chairman of VocaLink, former Deputy Governor of the Bank of England
• Professor Wendy Carlin, UCL Economics

CHAIR: Martin Dickson, Deputy Editor Financial Times

The Eurozone's crisis, following on from the global financial crash, confirmed a fundamental truth of economics: large imbalances in either the real economy or the financial sector, or both, are bound to disrupt the functioning of economic systems.

Preventing or redressing such imbalances has become a central challenge for economic policy, crystallizing in the efforts to reform Eurozone's system of governance.

Such efforts tie up with the more general problem, highlighted by the financial crisis, of how to manage the modern economy. Recent developments lend support to the view that a distinctly more globalized institutional set-up is needed than the present nation-centered ones. Supranationality, at both the European and world levels, faces fierce resistance. It is, however, a critical issue to settle, in the search of a credible path to stability, growth and prosperity. 

This event takes place on the occasion of the Friends of Europe fellowship report "The Lessons of the Eurozone's Crisis that Should Shape the EU's G20 Stance" by Yannos Papantoniou, former Greek Economy, Finance and Defence Minister. Friends of Europe is an independent think tank for EU policy analysis and debate.

Registration

The event is free of charge but registration is requested. Please book your place below.