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.

Further details can be found at: http://www.parliament.uk/business/committees/committees-a-z/lords-select/eu-financial-affairs-subcommittee/news-parliament-2015/lilico-quaglia-marsh-evidence-session/