Unhappy Union: How the euro crisis – and Europe – can be fixed

Faced with a global economic crisis, the single European currency has found itself debilitated, and even close to collapse. John Peet and David Marsh will consider how the crisis has affected the EU, and discuss potential courses of action in light of future challenges and opportunities for Europe.


John Peet, Europe Editor, The Economist 

David Marsh, Managing Director, Official Monetary and Financial Institutions Forum 


Chaired by

Mark Leonard, Director, ECFR

The collapse of subprime mortgages in the United States set off a global economic crisis which the European single currency found itself ill-equipped to resist, at times even coming close to collapse and turning Europe into 'the world's basket case'. Can the currency union overcome the increasingly resentful divergence between core and periphery countries to stabilise the Eurozone? How damaging has the crisis been to Europe's standing in international affairs? The panellists will consider these and other questions, discussing possible solutions to the euro crisis and the path ahead for Europe. 

John Peet is the Europe Editor of The Economist. He is the author of Unhappy Union: How the euro crisis – and Europe – can be fixed (with Anton La Guardia) to be published on 1 May 2014. 

David Marsh is Managing Director and co-Founder of the Official Monetary and Financial Institutions Forum (OMFIF). Previously, he worked for the Financial Times in Germany as European Editor. He is the author of five books, including Europe's Deadlock: How the Crisis Should Be Solved – And Why It Won't Happen (2013). 

Mark Leonard is co-Founder and Director of ECFR. He is the author of several publications including The Eurosceptic surge and how to respond to it (with José-Ignacio Torreblanca) published in early April 2014.