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The [email protected]: What will it take for it to survive and prosper? A Seminar with Marco Buti, Director-General for Economic and Financial Affairs, European Commission

Dates:
  • Fri 07 Dec 2018 11.00 - 12.30
  Add to Calendar 2018-12-07 11:00 2018-12-07 12:30 Europe/Paris The [email protected]: What will it take for it to survive and prosper? A Seminar with Marco Buti, Director-General for Economic and Financial Affairs, European Commission

Twenty years since the creation of the euro and a decade since the economic and financial crisis almost led to the unravelling of the common currency, the Eurozone has shifted from the fire-fighting which characterised the initial crisis years to rebuilding its flawed institutional infrastructure. But despite the progress made, the EMU today continues be vulnerable, characterised by an incomplete banking union and capital markets union, the absence of a fiscal stabilisation function and insufficient mechanisms to absorb shocks. A “battle of ideas” on what needs to be done for completing the EMU architecture is currently raging; it stretches from the economic tools to balance risk-sharing with risk-reduction, to questions of political accountability and democratic legitimacy. The survival of the common currency and the prosperity of European citizens depends on how this vibrant debate is eventually translated into political decisions. Marco Buti, Director-General for Economic and Financial Affairs, European Commission will present the Commission’s views and proposals in this regard and participate in a lively exchange of views with the EUI community on the [email protected]
Convener/moderator: George Papaconstantinou, School of Transnational Governance
Discussants: Alexandra Fotiou, Elsa Clara Massoc and Francesco Molteni, Max Weber Fellows


Seminar Room 4, Badia Fiesolana DD/MM/YYYY
  Seminar Room 4, Badia Fiesolana

Twenty years since the creation of the euro and a decade since the economic and financial crisis almost led to the unravelling of the common currency, the Eurozone has shifted from the fire-fighting which characterised the initial crisis years to rebuilding its flawed institutional infrastructure. But despite the progress made, the EMU today continues be vulnerable, characterised by an incomplete banking union and capital markets union, the absence of a fiscal stabilisation function and insufficient mechanisms to absorb shocks. A “battle of ideas” on what needs to be done for completing the EMU architecture is currently raging; it stretches from the economic tools to balance risk-sharing with risk-reduction, to questions of political accountability and democratic legitimacy. The survival of the common currency and the prosperity of European citizens depends on how this vibrant debate is eventually translated into political decisions. Marco Buti, Director-General for Economic and Financial Affairs, European Commission will present the Commission’s views and proposals in this regard and participate in a lively exchange of views with the EUI community on the [email protected]
Convener/moderator: George Papaconstantinou, School of Transnational Governance
Discussants: Alexandra Fotiou, Elsa Clara Massoc and Francesco Molteni, Max Weber Fellows



Location:
Seminar Room 4, Badia Fiesolana

Affiliation:
School of Transnational Governance

Type:
Seminar

Links:
Register here
 
 
 

Page last updated on 18 August 2017