Analysis of December EU Summit

EPC Post-Summit Briefing

12.12.2011, Brussels

From left to right: Fabian Zuleeg, Janis Emmanouilidis, Josef Janning and Dominique Berns

Presentation of Post-Summit Analysis at the EPC Post-Summit Briefing, at which speakers analysed the outcome of the December 2011 EU Summit.

The panel discussion included Dominique Berns, economic jounalist an the Belgian Le Soir, Brussels; Janis Emmanouilidis, and Fabian Zuleeg, EPC Chief Economist. The debate was moderated by Josef Janning, EPC Director of Studies.

The briefing was introduced by Janis Emmanouilidis, who presented the key arguments of his Post-Summit Analysis entitled All roads lead to Frankurt – the results of an enigmatic summit.

The analysis argues that the 8-9 December European Council was not the 'major breakthrough' many had hoped for in the run-up to this crunch meeting of EU leaders: it is not likely to go down in history as the meeting which turned the tide, and the EU is destined to remain in 'crisis mode' for some time to come.

This analysis concludes that the summit sent very mixed signals to policymakers, experts, citizens and investors, but one thing is clear: the most important question asked ahead of the summit – will the EU be able to contain the euro crisis? – will not be answered in Brussels or in any other EU capital, but in Frankfurt, by the European Central Bank.

For more about the Post-summit Analysis see here.

For more about this event see here.