Abstract

Europe’s dilemma: austerity revisited or a new path for sustainable growth
Date
Location
Thon Hotel EU (room Belgium), Rue de la Loi 75, 1040 Brussels; 13h30 – 16h

The European Trade Union Institute, in collaboration with the European Trade Union Confederation and the European Trade Union Federations, is pleased to invite you to a high-level conference on alternatives to the current management of the Euro crisis.

Although the Juncker Commission has included in its programme some new accents, such as Europe’s strategic investment plan, the Eurogroup’s negotiations with the new Greek government have made it clear that EU leaders remain reluctant to let go of their failing austerity narrative. Contrary to their claims that there is no alternative, several of the world’s top economists have developed alternative solutions to tackle Europe’s debt crisis.

Increasingly, European citizens have lost trust in their traditional political and economic elites and are turning rather, on the one hand, to new radical and movement-based left-wing parties (Syriza in Greece, Podemos in Spain) and, on the other, to anti-European, nationalist and right-wing extremist ones (the Front national in France or AfD in Germany). As a result of these developments, the European integration project is itself coming under pressure.

At this special conference, renowned economists Prof. James Galbraith, University of Texas at Austin, Steven Tobin, Senior Economist in the Research Department and lead author of the ILO studies on Greece and on the Juncker plan (PRESENTATION), Heiner Flassbeck, former German State Secretary and Director of Flassbeck-Economics, and Prof. Benjamin Coriat, Université Paris 13, will provide their analysis of Europe’s protracted crisis and introduce concrete alternatives on how to reshape Europe’s economy for sustainable growth, investment, jobs and equitable prosperity.

Bernadette Ségol, ETUC General secretary will give the closing remarks. The conference will be chaired by Philippe Pochet, ETUI General director.

The conference will take place in English. French translation will be provided.

A drink will be offered after the conference.

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