Just days before a key meeting of the European Central Bank’s Governing Council, another pivotal moment in the continuing European drama, the Hutchins Center on Fiscal and Monetary Policy sponsored an update on the eurozone economy, its banks, and the ECB’s options with Lucrezia Reichlin. Former director-general of research at the ECB, she is professor of economics at the London Business School, research director of the Centre for Economic Policy Research, co-founder of Now-Casting Economics Ltd, and a columnist for Italy’s Il Corriere della Serra.