On 5 May 2011, the EU Centre’s Associate Fellow Ms Anne Pollet-Fort gave a lecture on the Economic and Monetary Union (EMU) of the European Union, as part of the Nanyang Junior College’s Arts Week. Ms Pollet-Fort recalled the conditions for having a currency area and the specific situation in the EU. She discussed what it means for a country to be part of the EMU in Europe, laying out the pros and cons. She also examined the ongoing euro zone crisis and looked at the different situations of Greece, Ireland, Portugal and Spain. Presenting the underlying economic theory of monetary unions and look at the economic impact of having an EMU in Europe, Ms Pollet-Fort offered a better understanding of the headline news on the euro zone sovereign debt crises to the students.
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