It’s not just the crisis. The European Union has structural problems that go beyond the current situation. An alarm was sounded on March 18, during the presentation of the 2012 Global Outlook report at the Istituto Affari Internazionali (IAI) at Palazzo Rondinini in Rome. From the absence of a clear industrial policy, to the scarce investments in research and the sluggish decision-making process, the reasons for pessimism regarding the future are many. Something has to be done, and soon, replacing the so-called “Six Pack” policy with a new wave of investments.

The creation of a European banking union is a necessary step to emerge from the financial crisis and strengthen Europe’s weakened banking system. Though marked by doubts and uncertainties, EU member states and especially Eurozone countries, which, in this case, appear willing to sacrifice some elements of their sovereignty, view the granting of greater powers to the European Central Bank (ECB) in a positive light.

Presentation of the book "L'economia del Brasile" by A.Goldstein and G.Trebeschi, Il Mulino

Meeting of the IAI Global Outlook on "Le nuove “tigri”: il Sud-est asiatico e Myanmar", with Andrea Goldstein, Senior Economic Affairs Officer at the UN-ESCAP Subregional Office for East and North-East Asia

Steering Committe and meeting of the IAI Global Outlook on "Economic and European perspectives in the Western Balkans", with Slavica Penev, Senior Research Fellow, l’Institute of Economic Sciences, Belgrade

Greece needs a “peaceful revolution” to overcome the current crisis, said Loukas Tsoukalis, professor of European integration at the University of Athens and president of Hellenic Foundation for European and Foreign Policy (ELIAMEP), while speaking at the conference: ‘The Greek Crisis and the Eurozone: a cure Worse than the Disease?’.