Madariaga - College of Europe Foundation

13:00/14:30 - Wednesday, 10 March 2010

Eurozone countries are finding themselves in the very uncomfortable position of suffering anemic growth and skyrocketing unemployment under the constraints imposed by unsustainable deficits. As such, after 10 years the single currency turns out to be not enough to prevent the concrete possibility of sovereign defaults. Is it time to call in the IMF as suggested by many voices? Or should Europe start coping with asymmetrical shocks through its own mechanisms?

To debate these issues, the Madariaga Foundation has invited Wolfgang Munchau, columnist at the Financial Times, and André Sapir, Professor of Economics at the Université Libre de Bruxelles (ULB) and Senior Fellow at Bruegel, for a debate at one of its Citizen's Controversies Wednesday 10 March 2010. 

The debate was moderated by Pierre Defraigne, Executive Director of the Madariaga - College of Europe Foundation.

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