FEPS, in partnership with the University of the West of England – Bristol, the Rockslide University and the Financial Markets Group at the London School of Economics, gathered experts at the London School of Economics 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.
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.
The conference has been 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.
Structural Issues in European Finance– VIDEO – presentations by:
Iñaki Aldasoro, Economist, Bank for International Settlements
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