| Author (Person) | Padoa-Schioppa, Tommaso |
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| Publisher | Jacques Delors Institute [Notre Europe] |
| Publication Date | 2010 |
| Content Type | Report |
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We could pretend to be unaware that the crisis threatened the European Union itself as long as only a bank, an area of industry, or a neighboring country were affected. However, when it hit a country like Greece, a member of the euro group, it became self-evident that while Europe may not be to blame, it could well become the great global crisis' main victim. [...] Thus Europe is once again facing both an opportunity and a risk at the same time. The Union today needs to complete its project, and thus it has an opportunity to do so. Tommaso Padoa-Schioppa is President of Notre Europe and Chairman of Promontory Europe. He was Italian Minister of Economy and Finance (2006-08) and Chairman of the Ministerial Committee of the International Monetary Fund (IMFC, 2007-2008). |
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| Source Link | http://www.notre-europe.eu/en/axes/competition-cooperation-solidarity/works/publication/the-debt-crisis-in-the-euro-zone-interests-and-passions/ |
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| Subject Categories | Economic and Financial Affairs, Politics and International Relations |
| Countries / Regions | Europe |
