Financial stability series: ‘A US perspective on the European debt crisis.’ Mark Sobel, former deputy assistant secretary for international monetary and financial policy at the US Treasury and former US representative at the International Monetary Fund, speaks with David Marsh, chairman of OMFIF. They discuss the US perspective on Europe’s handling of the 2008 financial crisis, taking into account European sovereign debt, the Greek crisis, the role of the IMF, Emmanuel Macron and Angela Merkel’s efforts to reinforce the euro area, taking into account a look towards the future.