The Euro area has proved resilient to major crises and continued to expand, but it has only partly delivered on the expectations of its founders.

The first EMU Lab session took place on 9 January in Florence and gathered high level experts to re-visit the history of the Economic and Monetary Union (EMU), look at promising and false starts, missed opportunities as well as remarkable achievements, with a view to identifying the remaining challenges.

The core objective of the EMU Lab is to re-think the EMU’s architecture in today's Europe and the global economy. Our aim is to identify avenues for research and policy innovation that could foster the advancement of the EMU's stability and fairness and enhance the resilience of the European economy and society.

The EMU Lab is a joint project of Marco Buti, holder of the Tommaso Padoa-Schioppa Chair and Giancarlo Corsetti, holder of the Pierre Werner Chair.

The recording of this launch event is available below.