June 14, 2018
Repairing the Roof with Clouds Gathering: The Outlook, Risks, and Governance Reform of the Euro Area
By Global Business & Economics Program
On June 13, the Atlantic Council’s Global Business & Economics Program hosted a breakfast roundtable discussion on the present and future of the European Monetary Union (EMU).
The event featured José Leandro, director of policy, strategy, coordination, and communication, directorate general for economic and financial affairs at the European Commission; and Gabriele Giudice, head of the unit on EMU deepening and macroeconomy of the Euro area, directorate general for economic and financial affairs at the European Commission. It was moderated by Bart Oosterveld, C. Boyden Gray fellow on global finance and growth and director of the Global Business & Economics Program at the Atlantic Council.
The event began with a presentation by Mr. Leandro titled, “EMU Deepening: State of Play and Prospects Ahead,” which included data from the European Commission’s most recent forecast on Euro Area growth and details from its case for completing the EMU. This was followed by a lively discussion. Participants posed questions on a number of topics, including:
- Risk sharing and risk reduction in the financial union
- Reform of the European Stability Mechanism (ESM)
- The political landscape in EU member states and the European Parliament
- What to expect at the upcoming EU summit to take place June 28 and 29, 2018