On Wednesday, March 13 the Institute hosted a seminar on the state of the eurozone led by João Carlos Espada. Professor Espada is the founding director of the Institute for Political Studies at the Catholic University of Portugal, where he is University professor of Political Studies. He holds the European Parliament / Bronislaw Geremek European Civilization Chair at the College of Europe, Natolin. Since March 2006, he has been political adviser to the President of the Portuguese Republic, Professor Aníbal Cavaco Silva. Professor Espada has written widely on the history of liberalism, the European Union, and contemporary political thought.
Expanding on “European Disintegration? The Sources of Extremism” (previously published in the Journal of Democracy, October 2012), Professor Espada argued that the best hope for curbing political extremism in Europe is to “trivialize” the euro. There is currently no exit clause from adoption of the common European currency, but, he contended, the euro itself must become a subject of discussion in national Parliamentary politics if the European project is to flourish. Espada’s presentation sparked lively debate about hopes for the future of the eurozone, the risks of currency instability, and the “rationality” of extremism, among other topics. Find event details here.