Giles Merritt, Secretary General, Friends of Europe
Venue Singapore Institute of International Affairs (SIIA) House
In his talk, Giles Merritt, former Brussels correspondent for the Financial Times and the founding
Secretary General of Friends of Europe, will give his insights on the situation in Europe as we
enter 2012. He will discuss the recent actions taken at the European level to address the
immediate problems posed by the sovereign debt crisis, and longer-term regulatory measures to
ensure the stability of the financial sector. Have all these measures helped to boost investor
confidence and where is Europe heading? Mr Merritt will argue that the crisis is no longer just an
economic one – it has implications for European integration, having touched on debates
surrounding the limits of solidarity and issues of democratic legitimacy and state sovereignty.
With economic coordination of the euro zone still lacking, the idea of a two-speed Europe is
gaining traction. What would all these potential developments mean for emerging economies in
Asia that are still dependent on markets in the developed world?