122nd BRE-CASE Seminar: Why a breakup of the eurozone must be avoided

BRE Bank and CASE – Center for Social and Economic Research 

cordially invite you to:

122nd BRE-CASE Seminar 

The keynote speech will be delivered by

Anders Aslund, Senior Fellow in Peterson Institute for International Economics (USA) and Chairman of CASE Advisory Council

One of the big questions of our time is whether the Economic and Monetary Union (EMU) will survive? This is the question which Anders Åslund asks at the beginning of his paper and he continues: „Too often, analysts discuss a possible departure of one of several countries from the euro area  as little more than devaluation, but I argue ale that any country’s exit from the euro area would be a far greater event with potentially odious consequences. Exit from the EMU cannot be selective: it is either none or all."

The topic of the seminar will be a lesson we have to learn from the breakups of the monetary unions in the past; with the special attention devoted to the breakup of the Ruble zone, in which the author himself was actively involved.