European Monetary Union

Ngaire Woods: "We are moving towards a globalisation sustained by empires"

Ngaire Woods: “We Are Moving Towards A Globalisation Sustained By Empires”

Pablo Pardo (Washington) | Dean of the Blatavnik School of Government, Ngaire Woods is one of the people closest to Robert Keohane, of Princeton University, one of the most influential international relations theorists in the world. Woods, whose doctoral thesis was on European monetary union, has specialised in global governance and the role of multilateral institutions, two questions which have been the centre of debate following the victory of Donald Trump and Brexit.

Monetary Union: Single Resolution Mechanism

Achieving an optimum, sustainable monetary union over time

José Luis M. Campuzano (Spanish Banking Association) |Supervision and a single resolution mechanism for the banks, along with a common deposit guarantee, are undoubtedly an essential part of monetary union. In the medium-term, however, greater fiscal convergence, with a more extensive mutualisation of risk in the region, are just as important.

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A commissioner to oversee the budgets of the EU members? Germany says yes

The economic papers in Spain published on Tuesday the seven Dutch proposals to create an EU commissioner to oversee and intervene in the euro zone budget. This official would have the right to expel members who refuse to meet budget requirements. “It is certainly an interesting idea that Germany supports,” said Chancellor Angela Merkel a few weeks ago. On Monday, in the federal congress of the CDU, the Chancellor again…