De-Risking the Future of Europe

Reforming the Macrofinancial Architecture

FEPS, the London School of Economics, the University of the West of England – Bristol and the Rockslide University organise a conference in London to identify avenues to REFORMING MACRO-FINANCIAL ARCHITECTURE in Europe, with the keynote addressed by Vitór Constâncio, Former Vice President of the ECB.

In the aftermath of the sovereign debt crisis, the architecture of economic and financial governance in the European Union changed at an unprecedented pace. Member States have put in place crucial pillars of the Banking Union and the Capital Markets Union.

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Participation is free/ Registration is mandatory (Register here)

But progress on both projects has slowed down. As the new European Commission takes office, the work towards reforming the Economic and Monetary Union will likely revive. Agreed plans to attain banking and financial integration have not yet been completed; plus additional institutional and policy arrangements could become handy to contain systemic risk, shall a new crisis hit European markets.

• Brexit questions aside, how to move from the political conundrum that split European countries on the risk-sharing risk-reduction battlefield?
• How to finalise the work done on the neutralization of the bank-sovereign nexus?
• What feature should a European common deposit insurance scheme have in order to become a viable tool?
• How to design counter-cyclical fiscal tools that Member States can deploy during recessions?
• Should a single sovereign issuing safe debt be introduced at EU level?

The conference will be the occasion for policy-makers and academic experts to reflect and exchange on the pros and cons of different models to design further financial integration within the Euro area and the whole of Europe.