The European Union Center will co-host an interactive videoconference devoted to the current European economic crisis and future of EU-US Partnership, in which participants will be linked across several sites by video. The session will feature Martin Schulz, president of the European Parliament. Audiences at all sites will be able to ask questions. This event is open to the public.
Martin Schulz, President of the European Parliament, will discuss the ongoing transformation of the European Union, explain why he believes Europe will emerge stronger from the current economic crisis and make the case for a close transatlantic partnership.
The economic crisis in Europe becomes the trigger for deeper political, fiscal and economic integration of the EU. The European Parliament has always been in the lead of the process towards more political union. It has always supported the view that the EU should be the indispensable partner of the US on the international scene and in facing global challenges, and has advanced this process through legislation, political control of the EU executive and also through the Transatlantic Legislators Dialogue. Most importantly, with the fiscal cliff and the eurozone crisis, both Europe and the US currently face a serious economic challenge. There is an urgent need for both to join forces to generate growth, to face up to common global challenges and, in doing so, to renew faith in the basic values of democracy and freedom which face strong resistance in the world of the 21st century.