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Conference: Preparing for Euro Breakup
Date 19/09/2011 16:57  Author webmaster  Hits 6661  Language Global
Two German professors will be joining UKIP Leader Nigel Farage for a conference in the European Parliament in Brussels, 12 October 2011.

The conference and debate, titled 'Preparing for Euro Breakup', will be introduced by Nigel Farage, co-president of the Europe of Freedom and Democracy group (
EFD), which is sponsoring the event.

Professor Wilhelm Hankel, who last year led the
challenge to the euro bailouts in the German Constitutional Court, will tackle the first topic: "Currency Union or Foreign Exchange Rate Union?"  He is followed by Professor Philipp Bagus, who will address the "Practical steps to withdrawing from the Euro." (See bios below.)

Poster - click on image to enlarge

The speeches will be followed by a panel debate.

The conference will be held in Room A1E2, European Parliament, Brussels, on Wednesday, 12th October 2012, from 10.30 a.m. to 12.30 p.m.  To reserve your seat, please contact Laure Ferrari via email: laure(dot)ferrari@europarl(dot)europa(dot)eu, or Tel. +32 (02) 284 54 69 (Brussels).

Professor Dr. Wilhelm Hankel

Born 1929 in Gdansk, started his career in 1952 at the “Bank Deutscher Länder” (the predecessor of the German Bundesbank). This was followed by positions in the Bundesministerium für wirtschaftliche Zusammenarbeit (Ministry for Economic Cooperation) and the Foreign Office.

From 1959 to 1967 he was chief economist of the Kreditanstalt für Wiederaufbau (Bank for Reconstruction) - 1967 he became the head of the department of money and credit in the Ministry for Economic Affairs and one of the closest staff members to the German economy minister Karl Schiller.

From 1971 to 1978 he was chief executive of the public Bank of the Land Hesse. Since 1971 he has been a professor for currency and development policy at the Johann Wolfgang Goethe university in Frankfurt.

Hankel has also undertaken consulting assignments for the World Bank, European Union and the Deutsche Gesellschaft für Technische Zusanmmenarbeit GTZ (German Development Aid agency). Until 1995 - assigned by the European Union – he built up a training centre in West Siberia to educate bankers.

In 1998 - together with three colleagues - he made a complaint against the rushed introduction of the Euro at the German Federal Constitutional Court.

Guest professorships: 1974/75 in Harvard, 1975/76 Konrad Adenauer professor at the Georgetown University in Washington, 1978 to 1981 senior visiting professor at the Bologna Centre for advanced internationally Studies of the John Hopkins University, until 1983 guest professorship at the Center of Science, Berlin, 1990/91 guest professor to the Technical University Dresden, 1991/92 foundation chair of the German Federal Bank (Bundesbank) at the free University of Berlin.

Consulting assignments for the Deutsche Gesellschaft für Technische Zusanmmenarbeit GTZ (German Development Aid agency) in United Arabian Emirates and Saudi Arabia (1977/79), Korea (1980), Egypt (1981), Latin America (Dom. Republic, Guatemala, Honduras, Costa Rica, Nicaragua, 1982), PR China (1988), Jordan (1989/91), Yemen (1992), Russia (1994/95) and Georgia (1998/99).
Professor Hankel led the challenge to the euro bailouts in the German Constitutional Court.

Professor Hankel on RT Video, September 2010

Professor Dr. Philipp Bagus

Philipp Bagus is a professor of economics at Universidad Rey Juan Carlos in Madrid.

He earned his Bachelor's and Master's at the University of Münster and his Ph.D. from Universidad Rey Juan Carlos with Jesús Huerta de Soto as his adviser on a thesis on deflation.

He is the author of
The Tragedy of the Euro – How Political Interests Created a Self-destroying System and Deep Freeze: Global Credit Markets and the Icelandic Financial Crisis (forthcoming with co-author David Howden).

He has published articles mainly on monetary and business cycle theory in The Quarterly Journal of Austrian Economics, Libertarian Papers, Journal of Libertarian Studies, The Review of Austrian Economics, Procesos de Mercado, Economic Affairs, New Perspectives on Political Economy and the Journal of Business Ethics among others.

Video - Philipp Bagus discusses his recent books at the Austrian Scholars Conference, 10 March 2011, at the Ludwig von Mises Institute in Auburn, Alabama.