A Crise do Euro e o Futuro da União Europeia
EESP - FGV, Rua Itapeva, 474, São Paulo - 15/03/2012 - 11:00 - 13:00

Almost two years after the first bailout plan to Greece, the Euro Crisis seems far from over. As European leaders strugle to find solutions to the crisis, many doubts about the sustainability of the common currency loom. Meanwhile, countries in the periphery of continent undergo harsh austerity measures and the solvency of the european financial system is in jeopardy.

To discuss the causes of the crisis and possible solutions, the Center for International Relations at FGV invited three experts to an open debate: Dr. Elena Lazarou (CPDOC/FGV), Dr. Vera Thorstensen (EESP/FGV) and Dr. Carlos Eduardo Carvalho (PUC-SP). Dr. Oliver Stuenkel (CPDOC/FGV) was the mediator.

Dr. Lazarou presented the main political dilemmas envolving european countries, from the origins of the integration process to its future. Dr. Carvalho discussed another relevant issues, such as the financial integration and its role in the initial Euro project, the concept of lender of last resort, the lack of fiscal integration and the role of China in the current global economy. Dr. Thortensen focused her speech on the origins of the crisis and her main conclusion was that it was causes by a crisis in governance.

The audience asked several questions and the Consul of the Republic of Cyprus in São Paulo also took part in the debate.

The audio of the debate is available here: http://youtu.be/x_ihsWNo-tg.

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