The Euro area, its financial stability and the future of the financial sector are probably sufficient themes for many PhDs studies. Ten years after its establishment, the euro area was heavily hit by a financial crisis that started in the United States but rapidly spread to Europe. The financial crisis then turned, in 2010, into a sovereign debt crisis in several Euro area countries. Economists enumerated four major economic challenges the Euro area is facing: 1) high public debt levels and deficits in some Eurozone countries; 2) weaknesses in the European financial markets; 3) sluggish growth and persistently high unemployment in some Eurozone countries; and 4) competitiveness divergences within the Eurozone.
Looking at the future, what will be the key challenges and solutions for a better functioning of the Euro area and its financial stability? What needs to be done to get a lasting positive effect of the current European quantitative easing programme?
Join Wilhelm Molterer - VP of the European Investment Bank, Guntram Wolff – Director of Bruegel, Vitalijs Gavrilovs – President of the Employers’ Confederation of Latvia, James Watson – Director of Economics at BUSINESSEUROPE, in the EBS session ‘Eurozone- How to secure investment for European growth?’ to find out more on the future of the euro.