Mar 19, 2012

"Could the Euro Implode?"

(Newport News, Va.) - Dr. George Zestos, the Jean Monnet Chair of European Integration at CNU, and the CNU Economics and Finance Club will host a lecture by Dr. Michele Fratianni titled “Could the Euro Implode?” on Monday, March 26 at 4 p.m. in CNU’s David Student Union Ballroom. The lecture is free and open to the public. No reservation is required. Immediately following the lecture, a panel discussion featuring CNU faculty and students will take place.

In 1999, when the European Monetary Union (EMU) was created, a critical piece was missing: a precise plan for implementing a fiscal union. The result was that the EMU had a built-in fragility. This fragility was exposed first by the U.S. subprime mortgage crisis of 2008-09, and later by the European sovereign debt crisis.

A business economist with extensive international experience, Fratianni has been on the faculty of Indiana University's Kelley School of Business since 1971. He was an economic adviser to the European Commission in Brussels from 1976-79, a senior staff economist with the U.S. President's Council of Economic Advisers from 1981-82, and an advisor to the governments of Italy, Estonia, Latvia, Lithuania, and Vietnam. Fratianni is an award-winning author and an expert on the economic integration of Europe, exchange rates and international finance.

A four-year public university in Newport News, Virginia, Christopher Newport University enrolls 5,000 students in rigorous academic programs in the liberal arts and sciences through the College of Arts and Humanities, the College of Natural and Behavioral Sciences, and the College of Social Sciences, including the Luter School of Business. CNU offers great teaching and small class sizes with an emphasis on leadership, civic engagement and honor.

Media Contact:
Lori Jacobs
Director of Public Relations

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