Completing European Monetary Union: Fiscal Union, Financial Union, Risk Sharing
- Starts:
- 12:00 pm on Tuesday, November 1, 2016
- Ends:
- 2:00 pm on Tuesday, November 1, 2016
- URL:
- http://www.bu.edu/european/files/2016/10/Buti-Flyer.pdf
- Contact Name:
- Elizabeth Amrien
The Center for the Study of Europe and the Center for Finance, Law and Policy invite you to a lunch discussion with Marco Buti, Director-General for Economic and Financial Affairs, European Commission.
Though in the past several years substantial progress has been made in completing the structure of Europe’s Economic and Monetary Union, not all economic inconsistencies have been solved. Marco Buti will discuss three main challenges that lie ahead. First, sound fiscal policies need to be conducted while keeping sustainable welfare systems. Second is the conflict between policy objectives and economic realities – vulnerable economies cannot reduce their debts and simultaneously gain competitiveness. Third, financial stability and integrated financial markets cannot be established unless the relationship between banks and their sovereigns is reformed.
Moderated by Cornel Ban, Assistant Professor of International Relations. Lunch available at 11:30 AM. Open to BU community and others with a research interest in the topic. RSVP to Elizabeth Amrien.