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What should we expect from the next EU council?

Bruegel hosted a lunchtalk with Zsolt Darvas (Research Fellow at Bruegel) and André Sapir (Senior Fellow at Bruegel and Professor of Economics at ULB) who was also the chair of the event.André Sapir started his talk by stating that Europe is facing a debt crisis which has different effects across the Euro Area (EA) countries. He highlighted that it is more a crisis of peripheral economies. Moreover, if one looks at some fundamentals like inflation, unemployment, public accounts, etc…the general picture in EA countries is better than other major economies in the world, he stated.

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