Belgrad, 21 September 2012 – Fighting financial crisis: the Eurozone and beyond
Yves Bertoncini, Secretary general of Notre Europe, speaks at the 2nd Belgrade Security Forum on Coping with the crisis: Challenges to democracy and security 20-21 September 2012. His intervention will deal with the theme Fighting financial crisis: the Eurozone and beyond
20 – 22 September 2012 Yves Bertoncini, secretary
general of Notre Europe, will participate in the 2nd Belgrade Security Forum on
“Coping with the crisis: Challenges to democracy and security” that
will take place in Hotel Hyatt Regency, Milentija Popovica 6, Belgrade, Serbia.
Mr Bertoncini will participate in the Session 7: Fighting
financial crisis: the Eurozone and beyond, debating following topics:
The financial crisis spreading across Eurozone countries have emerged
into an urgent problem for policy and decision makers. One of the most
important questions emerged is Can the Eurozone be saved or is it too big to
Additional questions that still instigate wider debate are should Europe
move ahead with deeper political integration process or establish rules that
would simulate a fiscal union? Is fiscal union the key to resolving the
exposure of the Eurozone to debt crisis?
Whether introducing Eurobonds and expanding the Eurozones bailout fund
would be sufficient and long lasting solution? How to conduct efficiently
Europe-wide bank recapitalization?
Addressing the Eurozones deeper defects cannot be postponed endlessly
therefore is the solution: founding a comprehensive system of economic
governance and enhanced powers for the ECB so that it can act as a lender of
In the longer term, how can radical reforms in capital, product, and
labor markets aimed at boosting competitiveness and restoring growth prospects
in the EU be effectively implemented?
Almut Moller, Head of Program, Alfred Von
Oppenheim Center for European Policy
Studies, German Council on Foreign Relations (DGAP)
General, Notre Europe