Wednesday, 24 February 2016

Professor Lucia Quaglia provides evidence to the House of Lords

In February Professor Lucia Quaglia gave evidence to the House of Lords Sub-Committee for Economic and Financial Affairs for the preparation of an inquiry on Economic and Monetary Union. The session discussed: the completion of Banking Union and in particular the setting up of a common deposit guarantee scheme and a fiscal backstop; the completion of Economic and Monetary Union and in particular the need for a mechanism for macroeconomic counter cyclical stabilisation, economic policy coordination and fiscal transfers; the external representation of the euro area; the implications of Banking Union and Economic and Monetary Union for euro area outsiders.

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