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Who’s to Blame for the End of the Euro?

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About this Event

06 Jul 2011 @ 12:45

About the Event:

In The Euro – The Politics of the New Global Currency, David Marsh delivered a comprehensive political and economic account of the birth and development of the Euro. Drawing on more than 100 interviews with leading figures associated with EMU, he told the story of the rivalries, intrigues, and deal making that brought about a currency for Europe, and analysed the achievements and shortcomings of its first decade of existence.

However, as he notes in the introduction to the revised edition of his book (The Euro – The Battle for the New Global Currency, published in 2011 through Yale University Press), "Monetary union threw a veil of comfort and well-being over the fortunes of the continent. In 2009-10, the veil was ripped away". At this event, Marsh argued that the Euro as we have known it has come to an end, and offered his prognosis for what he now calls 'Europe's Melancholy Union'.

 

About the Speaker:

David Marsh CBE is one of the world's foremost commentators and analysts on global monetary affairs.

A co-chairman of the monetary think tank Official Monetary and Financial Institutions Forum (OMFIF), he is also chairman of the management consultancy SCCO International and chairman of the advisory board of London & Oxford Capital Markets investment bank.

David Marsh is deputy chairman of German-British Forum, advisory board member of the Centre for European Reform, board member of the British Chamber of Commerce in Germany and honorary professor at the University of Birmingham. He was made Commander of the British Empire in 2000 and was awarded the German Order of Merit (Bundesverdienstkreuz) in 2003.

Between 1978 and 1995, Marsh worked for the Financial Times, becoming European editor. He has written four books: Germany – Rich, Bothered and Divided (1989); The Bundesbank – The Bank that Rules Europe (1992); Germany and Europe – The Crisis of Unity (1994); and The Euro – The Politics of the New Global Currency (2009).


This content forms part of the E View project, which is part-funded by DG Communication of the European Parliament. 

 


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