Workshop "Crisis in the Eurozone: Slovak Experiences with the Common Currency"
Dátum: 22.11.2013
On November 22nd 2013 the institute INEKO hosted a workshop titled “Crisis in the Eurozone: Slovak Experiences with the Common Currency”. INEKO organized the workshop in cooperation with partner organizations from the V4+ countries with the Polish Institute of International Affairs as a main partner. The working language of the workshop was English.
The workshop was organized within the project Time for the Third Step? The V4+ and the Eurozone Accession, financed by the Visegrad Strategic Grant. This event could happen also thanks to the financial support from the Think Tank Fund – Open Society Foundations.
I had the feeling of participating in a world class niveau gathering of eminent professionals. You have managed to bring together the very best financial economists from Slovakia. I felt truly privileged for having been invited to the event. Many thanks, indeed.
Lajos Bokros
- Solutions to Public Debt Crises in the EU: Seek Returns on That Investment (Views from Slovakia)
Thank you so much for your kind email and the enclosed study on solutions to the Debt crisis. I have read it with a lot of interest and generally I consider it an excellent piece of work as it deals with major strategic questions. Notably I agree with your suggestion to revise the current capital requirement directive again to introduce an appropriate risk weight for sovereign debts, which is still not a must.
Günter Verheugen
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OPENING REMARKS:
- Peter Goliaš, Director of INEKO
Results of the survey among workshop participants
PANEL 1:
Slovak Experiences with the Common Currency and the Debt Crisis
The euro zone entry: Expectations versus reality. What lessons can potential euro zone members learn from Slovakia? Does euro help to overcome the crisis? Euro impact on investment and growth. Other pros and cons of the entry.
- Ivan Mikloš, Member of the Parliament, and Former Minister of Finance of the SR
Was it a Mistake to Join the Eurozone? - Ivan Šramko, Chairman of the Council for Budget Responsibility of the SR, Former Governor of the National Bank of Slovakia
Expectations versus Reality: Did we get a different Euro? - Martin Barto, Advisor to the Board at Sberbank Slovensko, a.s., Former Deputy Governor of the National Bank of Slovakia
Financial Sector in Slovakia: Pillar of Stability + Text - Ján Tóth, Deputy Governor of the National Bank of Slovakia
Slovak Brief Experience with Euro during Global Recession
PANEL 2:
Solutions to the Debt Crisis in some EU Member States
How deep should we go in building the fiscal union? Austerity versus growth dilemma. Which structural reforms should be implemented? How to remove bad debts from banks mainly in peripheral countries? Should monetary policy play key role in solving the crisis?
- Lajos Bokros, Member of the European Parliament, Former Minister of Finance of Hungary
Does the Euro matter? - Juraj Kotian, Chief Economic Analyst at the Erste Bank Group, Vienna
How to Moderate the Procyclical Nature of the EMU? - Martin Filko, Director of the Institute for Financial Policy at the Ministry of Finance of the SR
Calm after the Storm: Slovak Fiscal Strategy in a Post-Crisis World (Also in .pdf) - Ľudovít Ódor, Board Member of the Council for Budget Responsibility of the SR
Fiscal Implications of Euro Adoption
PANEL 3:
V4+ and the Eurozone Accession
What are pros and cons of the entry from the viewpoint of potential entrants?
- Maciej Grabowski, Undersecretary of State, Ministry of Finance, Poland
V4+ and the Eurozone Accession – Poland
(Mr. Grabowski cancelled his participation because he was unexpectedly nominated as a Minister of Environment in Poland) - Paweł Tokarski, Senior Economic Research Fellow, Polish Institute of International Affairs, Poland
- Mats Braun, Research Fellow at the Institute of International Relations, Czech Republic
(Mr. Braun cancelled his participation due to illness) - Valentina Ivan, Associated Expert of the Expert Forum, Romania
Euro zone: Forward looking the Romanian Experience - Olivér Kovács, Researcher at the ICEG European Centre, Hungary
Hungary and the Euro – Challenges and Perspectives - Georgy Ganev, Head of Economic program at the Centre for Liberal Strategies, Bulgaria
