How does Europe overcome a divided generation of political and business leadership?

Chicago Booth School of Business hosts a panel event in London to discuss the future of the EU

The University of Chicago Booth School of Business on Thursday brought together 200 of the U.K.'s leading business leaders and policymakers to debate the future of Europe in the 21st century.

The event, entitled "A European Identity for the 21st Century," was held in partnership with the Financial Times at London's City Hall. The EU's long-term economic and political future has re-emerged as a major issue in 2015 and to commemorate the 20th anniversary of Chicago Booth's European campus in London, an expert panel debated how Europe needs to change in order to protect business and the financial markets.

It came at a time when the European Union (EU) confronts growing global competition, continued economic challenges and a standoff between Greece and its international creditors that threatens to derail Britain’s recovery and the wider global economy.

Moderated by Ferdinando Giugliano, Economics Correspondent at the Financial Times, the panelists included prominent economists from both sides of the Atlantic, as well as business heavyweights:

  • Randall S. Kroszner, Professor of Economics, Chicago Booth, former Governor of US Federal Reserve System and member of President's Council of Economic Advisers;
  • Gerard Lyons, Chief Economic Adviser to the Mayor of London Boris Johnson;
  • Helena Morrissey, CEO of Newton Investment Management responsible for £51 billion of assets under her management and founder of the 30% club; and
  • Sven Smit, Director of Strategy Practice, McKinsey.

Speaking at the event, Kroszner said: "Stronger governance structures and greater integration is required to prevent a future crisis in Europe. The EU needs to take important steps to reform institutions to foster innovation."

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For media enquiries or further information on future Chicago Booth events, please contact:

Felicity Sincock, Edelman, may be reached at Felicity.Sincock@edelman.com or 0203 047 2442.

Jane Delbene, Chicago Booth School of Business, may be reached at Jane.Delbene@chicagobooth.edu or 020 7070 2225.