European Integration: What's Gone Wrong?
Tuesday, February 21, 2012
Featuring Richard Sulik, Former Speaker of Parliament, Slovakia; Doug Bandow, Senior Fellow, Cato Institute; and Antonio de Lecea, Principal Adviser, EU Delegation to Washington; moderated by Marian Tupy, Policy Analyst, Center for Global Liberty and Prosperity, Cato Institute.
Mount Vernon Place, Undercroft Auditorium, 900 Massachusetts Ave., N.W., Washington, D.C. 20001
The process of economic and political integration that Europeans began in the early 1950s is being put to the test by the euro crisis, which threatens to spread economic and financial turmoil through Europe. Richard Sulik, one of the few eurozone leaders who opposed increasing Europe's bailout fund, will explain why sovereign bankruptcy, decentralization of certain policies, and other market-based solutions are better approaches for a well-integrated Europe. Doug Bandow will discuss why the euro crisis implicates the European Union and why EU governance is unlikely to improve without fundamental changes to its structure. Antonio de Lecea will explain the EU's approach to the current turmoil and discuss proposals for greater European fiscal consolidation.