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Honours students of Utrecht University School of Economics (U.S.E.) organise a seminar on the current state of the Eurozone. Audience members get an opportunity to have their questions answered by a panel of esteemed academics and politicians who will take the floor to discuss the future of the Eurozone.
The Eurozone has been trying to recover from an immense debt crisis in the wake of the Great Recession. Several countries such as Greece, Spain and Ireland required a bail out by the EC, ECB, and IMF in order to revive their economy. The strict austerity demanded from the bailed out countries has caused social unrest and continued economic turmoil. Greece has been a trending topic throughout the news, as its newly elected leadership governed by Syriza is attempting to abandon austerity, contrary to the ECB’s demands. To what extent will Greece be able to revive its economy in the coming years? How will the European Monetary Union be reformed in order to prevent a debt crisis in the future and reduce asymmetric shocks?