# The Future of European Monetary Union

The NYU Stern [Center for Global Economy and Business](http://www.stern.nyu.edu/experience-stern/about/departments-centers-initiatives/centers-of-research/global-economy-business) hosted a panel discussion on "[The Future of the European Monetary Union](http://www.stern.nyu.edu/experience-stern/about/departments-centers-initiatives/centers-of-research/global-economy-business/events/past-events/future-european-monetary-union)," featuring Professors [Alberto Bisin](http://www.econ.nyu.edu/user/bisina/), [Luis Cabral](http://www.stern.nyu.edu/faculty/bio/luis-cabral), [Thomas Philippon](http://www.stern.nyu.edu/faculty/bio/thomas-philippon) and [Stijn Van Nieuwerburgh](http://www.stern.nyu.edu/faculty/bio/stijn-van-nieuwerburgh). The panelists offered introductory remarks outlining many challenges facing the EMU and the European Union today – including economic rigidities, fiscal burdens, an incomplete banking union and the current migrant crisis across Europe. They also welcomed questions from the audience on topics such as euro-area enlargement, the links between banks and sovereigns, the Greek debt negotiations, external influences, long-term growth prospects and a range of political issues.

![The Future of the European Monetary Union panel](https://www.stern.nyu.edu/sites/default/files/assets/images/Future-of-EMU_panel_0.jpg "The Future of the European Monetary Union panel")
From left to right: Professors Kim Schoenholtz (moderator), Stijn Van Nieuwerburgh, Thomas Philippon, Luis Cabral and Alberto Bisin

To learn more and watch video from the event, please visit the [Center’s website](http://www.stern.nyu.edu/experience-stern/about/departments-centers-initiatives/centers-of-research/global-economy-business/events/past-events/future-european-monetary-union).

Research Center Events

— 9/21/2015

## Learn more

- [CCTV America's interview with Professor Thomas Philippon on the future of the Euro](https://youtu.be/CWA6p3cHDLY)