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Completing the Economic and Monetary Union
Notre Europe – Jacques Delors Institute publishes the synthesis of the round table entitled “Completing the Economic and Monetary Union” organised during the annual meeting of its European Steering Committee on 30 November 2013.
Taking their cue from an introductory address by Daniela Schwarzer, director of the Department of European Integration at the SWP (German Institute for International and Security Affairs), and by Pedro Solbes, president of FRIDE (Foundation for International Relations and Foreign Dialogue) and a former European commissioner, participants debated the main steps required to complete the Economic and Monetary Union (EMU).
The discussion began with an overview of the euro area’s situation today (1), and went on to focus on some of the issues of primary importance in strengthening the EMU:
– completing the banking union in order to break the vicious circle between the banking crises and sovereign debt crises, and resolving the current problem of the fragmentation of the financial markets (2);
– strengthening the fiscal union by adopting solidarity and mutual insurance mechanisms (3);
– and endowing the EMU with the legal bases necessary for those steps to be taken (4).
Lastly, participants pointed out that above the issues associated with strengthening the EMU, member states need to cope with the economic and social consequences of the current crisis (5).
The ESC adopted a declaration published in 9 European national daily newspapers and entitled “European elections: full steam ahead!“.
SUR LE MÊME THÈME
ON THE SAME THEME
PUBLICATIONS
The war in Ukraine:
what are the consequences for European organisations?
![](https://institutdelors.eu/wp-content/themes/Avada-Child-Theme/images/boussole.png)
After Brexit, euro-denominated derivatives transactions should leave the City
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The Euro as seen by citizens who do not yet have it
![](https://institutdelors.eu/wp-content/themes/Avada-Child-Theme/images/blogpostbleu.png)
MÉDIAS
MEDIAS
L’Irlandais Paschal Donohoe reconduit à la présidence de l’Eurogroupe
![](https://institutdelors.eu/wp-content/themes/Avada-Child-Theme/images/articlebleu.png)
Il y a vingt ans, l’arrivée des premiers euros
![](https://institutdelors.eu/wp-content/themes/Avada-Child-Theme/images/podcastbleu.png)
« L’hétérogénéité croissante de la zone euro menace sa cohésion »
![](https://institutdelors.eu/wp-content/themes/Avada-Child-Theme/images/tribunebleu.png)
ÉVÉNEMENTS
EVENTS
Paris, 12 April 2019 – Session no.6 of the Académie Notre Europe: economic and monetary Union
![](https://institutdelors.eu/wp-content/themes/Avada-Child-Theme/images/evenementbleu.png)
Berlin, 19 September 2018 – Making Europe’s Economic Union Work
![](https://institutdelors.eu/wp-content/themes/Avada-Child-Theme/images/evenementbleu.png)
Luxembourg, 20 June 2018 – The reform of the EMU: which social dimension?
![](https://institutdelors.eu/wp-content/themes/Avada-Child-Theme/images/evenementbleu.png)
Paris, 20 June 2018 – Future Europe
![](https://institutdelors.eu/wp-content/themes/Avada-Child-Theme/images/interventionblanc.png)
Nicosia, 16 March 2018 – The political landscape of EMU reform
![](https://institutdelors.eu/wp-content/themes/Avada-Child-Theme/images/interventionblanc.png)
Sofia, 9 March 2018 – The future of the EU budget
![](https://institutdelors.eu/wp-content/themes/Avada-Child-Theme/images/interventionblanc.png)
Athens, 8 February 2018 – Athens’ days: Greece, paths for hope
![](https://institutdelors.eu/wp-content/themes/Avada-Child-Theme/images/interventionblanc.png)
Bruxelles, 25 January 2018 – Academy study trip to Brussels
![](https://institutdelors.eu/wp-content/themes/Avada-Child-Theme/images/evenementbleu.png)
Paris, 8 December 2017 – Academy: Political and Social Europe
![](https://institutdelors.eu/wp-content/themes/Avada-Child-Theme/images/evenementbleu.png)
Barcelona, 22 September 2017 – After the crisis, a push forward for the eurozone
![](https://institutdelors.eu/wp-content/themes/Avada-Child-Theme/images/interventionblanc.png)
Paris, 21 July 2017 – The future of the Eurozone and the Multiannual Financial Framework
![](https://institutdelors.eu/wp-content/themes/Avada-Child-Theme/images/interventionblanc.png)
Rome, 20 March 2017 – Completing economic governance and enhancing social cohesion
![](https://institutdelors.eu/wp-content/themes/Avada-Child-Theme/images/interventionblanc.png)
Lisbon, 24th January – High-level seminar on the future of the euro
![](https://institutdelors.eu/wp-content/themes/Avada-Child-Theme/images/interventionblanc.png)