Political Leadership in Europe and the Debt Crisis

Political Leadership in Europe and the Debt Crisis

Europe's economic crisis shakes up the political landscape in Greece and in Italy: What a change in leadership could mean for efforts to mitigate the risks of a prolonged recession in Europe.

In Europe, Italy's newly appointed premier, Mario Monti, takes on the task of pushing Italy into a new era of austerity. The administration of his predecessor, Silvio Berlusconi, survived a series of scandals, but over the weekend became yet the latest political casualty of the debt crisis roiling Europe and, potentially, much of the globe. Political moves in Italy mirror changes elsewhere, most recently Greece, but the crisis in Italy is on a much larger scale - Italy is the third largest country in the eurozone and the fourth largest debtor nation in the world. Join us to discuss ongoing efforts to save the euro.

Guests

Michael Hirsh

chief correspondent, National Journal magazine; author of "Capital Offense: How Washington's Wise Men Turned America's Future Over to Wall Street."

Liaquat Ahamed

a professional investment manager and a former economist at The World Bank and author of "Lords of Finance: The Bankers Who Broke the World"

Heather Conley

senior fellow and director, Europe Program
Center for Strategic and International Studies

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