This roundtable discussion was focused on how the eurozone countries, particularly Spain, are responding to the crisis and the proposed banking union. The event was part of a project about European Economic Governance carried out by Chatham House, AREL (Agenzia di Ricerche e Legislazione) and the Elcano Royal Institute. It aims to advance the debate on European economic governance and suggest a constructive framework for strengthening it.

“http://www.youtube.com/embed/LmyyHXvp9R4?rel=0”

Stephen Pickford, Chatham House Senior Research Fellow of International Economics, talks about the state of the world economy, the euro crisis and the process of economic adjustment in southern Europe