Jean Monnet/CIRSF International Seminar on Public Debt Markets

On the 9th of July, the Jean Monnet Chair of Lisbon University on economic regulation in the EU held by Professor Luís Silva Morais, and CIRSF – Research Centre on Regulation and Supervision of the Financial Sector, associated to said Jean Monnet Chair, held an International Seminar and Workshop on financial markets and the evolution of sovereign debt markets from 2010 onwards at Lisbon Law Faculty (FDL), in cooperation with SEDES (Associação para o Desenvolvimento Económico e Social).
The proceedings were opened by Professor Luís Morais as Chairman of CIRSF and holder of the Jean Monnet Chair, and were pursued through a panel with presentations by Cristina Casalinho (current Chairman of IGCP, the Portuguese State Debt Agency, replacing João Moreira Rato, the former Chairman of IGCP, who ceased his functions due do its designation to the Board of Banco Espírito Santo in the eve of the Seminar), and Albert Jaeger (Permanent Representative of the International Monetary Fund in Portugal). The panel was followed by an intervention of Luís Campos e Cunha (Chairman of SEDES), as discussant.
The proceedings allowed both an analysis of the Portuguese adjustment program between 2011 and 2014 and of the key conditions of regaining access to sovereign debt markets, as well as a discussion on debt sustainability analysis – reviewing and analysing the key international parameters of public debt sustainability, including the International Monetary Fund Debt Sustainability Framework and its application, namely in the Portuguese case. Find the Seminar’s program here and the presentation by Albert Jaeger here.