European Union Debt Crisis

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In The Media

European Union Debt Crisis

The euro crisis continues to hamper Europe's growth, and the risk of contagion hangs in the air.

By Uri Dadush

Published on Mar 11, 2013

Source: C-SPAN

Former Czech Republic President Vaclav Klaus and Carnegie's Uri Dadush talked with C-SPAN about the economic and political challenges facing the European monetary union. While President Klaus referred to European integration as a historical "accident," Dadush suggested that, although the enactment of the monetary union may have been premature, greater institution building and structural reforms will help alleviate the crisis. Furthermore, Dadush argued that even though there are shortcomings to the establishment and the euro crisis is far from over, the only rational way to overcome the crisis is to move forward and undertake more steps in the integration process, as disassembling the eurozone was not rational given the costs.

This interview was originally broadcast on C-SPAN.

About the Author

Uri Dadush

Former Senior Associate, International Economics Program

Dadush was a senior associate at the Carnegie Endowment for International Peace. He focuses on trends in the global economy and is currently tracking developments in the eurozone crisis.

Recent Work

Commentary
The Labors of Tsipras
- Uri Dadush
In The Media
Greece, Complacency, and the Euro
- Uri Dadush

Economy Western Europe North America

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

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