Under the Chairmanship of Jaime Major Oreja, Vice Chairman of the EPP-ED Group, responsible for Political Strategy and the European Ideas Network, this special joint seminar with FAES placed the current financial crisis in a wider historical context.
27 January 2009, European Parliament, Brussels
The second half of 2008 will be remembered as having been beset by fears of a return of the Great Depression of 1929, with the deadly spiral that led from Black Thursday on 24 October to the rise of Europe’s totalitarian regimes. This is not the first time this shadow has been evoked – it was mentioned at the start of the first oil crisis, in 1973. Never before, however, has it brought with it so clear a presentiment of disaster. (continua…)
This seminar broadened the EIN’s work on the financial crisis by considering its social impact, focussing on employment and particularly on opportunities for the young and old.
