Events

The euro: the beginning, the middle... and the end?

Steve Davies and Patrick Minford

The Rafael del Pino Foundation organised, on 3 April 2013, a debate on the future of the Euro on the occasion of the publication of the book "The euro: the beginning, the middle and the end?"

At the time of the creation of the Eurozone there was strong opposition to Britain's membership from most free-market economists. However, these economists took more nuanced positions on the participation of most of the current Eurozone members. In fact, most economists supported the Euro because they believed it would reduce inflationary pressures and stimulate economic reform.

The debate analysed the current problems of the Euro, from the moment it was first introduced. Today, some economists are proposing radical solutions to solve the crisis of the European Monetary Union, whose collapse has only been postponed by the actions of the member states and the European Central Bank. It will not be possible to return to the pre-crisis status quo if the current Eurozone members are not able to achieve higher rates of economic growth.

The Rafael del Pino Foundation is not responsible for the comments, opinions or statements made by the people who participate in its activities and which are expressed as a result of their inalienable right to freedom of expression and under their sole responsibility. The contents included in the summary of this conference are the result of the debates held at the meeting held for this purpose at the Foundation and are the responsibility of their authors.

The Rafael del Pino Foundation is not responsible for any comments, opinions or statements made by third parties. In this respect, the FRP is not obliged to monitor the views expressed by such third parties who participate in its activities and which are expressed as a result of their inalienable right to freedom of expression and under their own responsibility. The contents included in the summary of this conference are the result of the discussions that took place during the conference organised for this purpose at the Foundation and are the sole responsibility of its authors.