The euro crisis and subsequent policy responses have challenged the assumptions underpinning the governance of the euro area, and the relationship between the European Union’s euro- and non-euro countries. The euro policy regime has become increasingly complex and difficult to manage, raising the question of the accountability of decision making to citizens. It is too early to determine if and how policy integration within the euro area will develop beyond its current limited monetary and budgetary remit. Alternative scenarios can be envisaged, from the building of a coherent euro area within the EU, to a fragmentation of the financial market and a generalised ‘variable geometry’.
Policy action should be based on the need to make room for deeper integration within the euro area, beyond the limited remit envisaged in the Lisbon treaty, preserve the integrity of the EU27 and its essential governance arrangements, ensure equal treatment in the application of common rules and that candidates for euro-area membership have a voice in the definition of its rules. Policy action needs to balance the requirements of legal clarity, accountability and efficiency with the desirability of experimentation through variable geometry.
Information on participating / attending:
31 May 2012
12.30 - 1.30 p.m.
Hertie School of Governance
Die Veranstaltung findet auf Englisch statt.
Date:
05/31/2012 12:30 - 05/31/2012 13:30
Event venue:
Hertie School of Governance
Friedrichstr. 180, Forum (1st floor)
10117 Berlin
Berlin
Germany
Target group:
Business and commerce, Journalists
Relevance:
regional
Subject areas:
Economics / business administration, Politics
Types of events:
Presentation / colloquium / lecture, Seminar / workshop / discussion
Entry:
05/30/2012
Sender/author:
Communications
Department:
Pressestelle
Event is free:
yes
Language of the text:
English
URL of this event: http://idw-online.de/en/event39879
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