Join the European Union Chamber of Commerce in China for a special opportunity to discuss the state of the Euro with Governor Yves March, Governor of the Central Bank of Luxembourg and Member of the European Central Bank Governing Council, and a return engagement with the co-chairman of monetary think-tank Official Monetary and Financial Institutions Forum (OMFIF) and author of The Euro: The Battle for the New Global Currency, David Marsh.

Governor Yves March is one of the four members of the 23-strong Governing Council of the European Central Bank who has been part of the body since the ECB was set up in 1998. The others are Jean-Claude Trichet, ECB president, Christian Noyer, governor of the Banque de France, and Nout Wellink, president of the Nederlandsche Bank. Since Wellink steps down at end-June and Trichet at end-October, Mersch will be along with Noyer the most experienced member of the ECB. He ranks as a relative hawk on interest rates and backs the progressive “normalisation” of the bank’s relatively low nominal interest rates as well as the progressive exit from extraordinary liquidity measures for troubled European banks.

David Marsh argues that European economic and monetary unification, the most ambitious project in the history of the European Union and the furthest-reaching world currency scheme since the Bretton Woods system was established 65 years ago, now faces a crucial turning point. The 17-nation monetary construction dominated by Germany and France will either proceed in the direction of a “transfer union” in which debtor states are permanently supported by creditor nations, or it will split up into two segments of richer and poorer countries. Both transitions would bring political and economic complexities of the most bitterly intractable kind.

Mr. Mattews is responsible for economic and policy analysis, to help formulate the macroeconomic outlook for the European region and European Central Bank interest rates. Prior to joining RBS, Mr. Matthews worked at Barclays Capital for nine and a half years, where he was latterly Senior European Economist.

The three will each present their views on the state of the Euro, before opening the floor to a lively question and answer discussion

Moderator:
Steven Schwankert (bio)
Steven Schwankert is the chief editor of the European Chamber, including its in-house magazine EURObiz. He is an award-winning reporter and editor with 15 years’ experience in Greater China. He has previously worked for Associated Press Television, IDG News Service, and Nielsen/The Hollywood Reporter. His reporting has appeared in publications including the Asian Wall Street Journal, the South China Morning Post, Billboard and Variety, and on the websites of The New York Times and The Washington Post.

The Agenda:
08:00-08:30 Networking and Breakfast
08:30-09:30 Presentation
09:30-10:00 Q&A

Event Terms & Conditions

Please note that only European Chamber Beijing Local member is eligible for member price.

And though all are welcome to attend our events, we strongly recommend that you register online with us in advance so that we can keep you updated on any changes in the event schedule. From time to time, due to unforeseen circumstances we need to change the time or venue of an advertised event. So please do let us know by registering online if you plan to attend an event so that we can keep you informed.

To register for this event please register online. Please note that we will send you a registration confirmation. We require 24 hours notice for cancellations. For any further enquiries or registration, please contact us at bj_events@euccc.com.cn

Please note that registration starts at 08:00, and the seminar starts at 08.30. Fees will be collected in cash at the entrance. 

Please be advised that the media is normally allowed to attend all EUCCC public events unless otherwise stated, on the condition that no one attending these events quotes participants by name (the "Chatham House Rules").

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