On 28 February 2013, the Department of European Political and Administrative Studies organised a conference on "National Implications of the Sovereign Debt Crisis".
The sovereign debt crisis has resulted in the overhaul of European economic governance: a recent report by European Council President Mr Herman VAN ROMPUY called for “a genuine economic and monetary union”, indicating the incomplete nature of the governance structure that had initially been in place at the time of the launch of EMU. Though the European dimension has attracted much attention, what of the national dimension? For debtor and creditor countries, the sovereign debt crisis has sparked national debates: on the austerity policies (in debtor countries) and the democratic legitimacy of fiscal transfers across borders (in creditor countries) and notions of solidarity (both). This conference examines these national debates in order to better understand the limit and possibilities facing the EU as it struggles to complete EMU.
For pictures of the Conference, please see: