WHO: American University experts from the School of International Service and Kogod School of Business available for analysis.
WHAT: Available to analyze and comment on efforts to save Euro-zone and stem contagion to U.S. WHEN: June 6-ongoing
WHERE: American University, in-studio, or via telephone
Newswise — WASHINGTON, D.C. (June 6, 2012) – A trio of events in mid to late June may begin to stem the economic uncertainty in the Eurozone and specifically Greece. First, Greek elections are slated for June 17 followed by the G-20 Summit in Los Cabos, Mexico, June 18-19, and finally the European Council Summit June 28-29. The quest for answers amid the uncertainty plaguing the Eurozone and global markets where the United States has already been detrimentally effected is eagerly anticipated as the Greek odyssey has gone on for nearly three years without resolution while dragging Europe’s economic recovery with it and rattling global economic recovery.
American University’s School of International Service’s EU faculty experts Matthias Matthijs and Stephen Silvia along with Kogod School of Business international business expert Robert Sicina are available to discuss the current state of the Greek and Eurozone economy, risks associated with plans being discussed to rescue the EU economy, the impact of the three events coming up later this month, and the impact the euro crisis is having on the U.S.’s struggling economic recovery.
Matthias Matthijs, assistant professor in the School of International Service, is currently focusing his research on the European sovereign debt crisis, politics of economic crises, regional integration, and the role of economic ideas in economic policy making. His recent article, Why Only Germany can Fix the Euro in Foreign Affairs stresses Germany’s role in solving the crisis. Matthijs is a long time proponent of a European fiscal union which Germany appears more willing to accept now than it did in December 2011 realizing ceding some sovereignty may be the only option left to stabilizing the region and insuring Germany’s own economic future.
Stephen Silvia, associate professor in the School of International Service, specializes in German politics, political parties, and the European Union. Silvia is a current board member of the American Council on EU Studies, European Center of Excellence. Silvia has been critical of Merkel’s handling of the crisis through her conditioning of assistance uniquely through austerity measures—a one size fits all approach. Robert Sicina, executive in residence in international business, possesses over 30 years of multinational banking experience. Sicina served as CFO of Citibank's entire International Consumer Group and Citibank's U.S. credit card business and moved on to serve as president of American Express Bank Ltd. Sicina can discuss the European debt crisis in Greece and the EU as a whole. He can also analyze the health of the banking systems in Europe and U.S., and the impact on the U.S. economy.American University is a leader in global education, enrolling a diverse student body from throughout the United States and nearly 140 countries. Located in Washington, D.C., the university provides opportunities for academic excellence, public service, and internships in the nation’s capital and around the world.
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