Lord Hill

lord hill

Capital markets union and Lord Hill’s answers to next hearing

MADRID | The Corner | Newly appointed Commissioner for Financial Stability, Financial Services and Capital Markets Union, Jonathan Hill, received a “written exam” from the Parliament’s ECON Committee, whose members felt he had failed to sufficiently answer their questions at his first hearing. Lord Hill replied with his answers in writing on Sunday (see link below). Unfortunately, while Hill appears happy to offer his take on financial regulation, he was rather less forthcoming when it came to revealing his ties with The City of London.



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Fresh doubts about economic cohesion at the European parliament

BRUSSELS | By Alexandre Mato | The EU parliament needs to reinforce its economic policy co-ordination to achieve a common fiscal consolidation between Member States. These are the main tasks facing Jean-Claude Junker and his team in the months ahead. EU policymakers must now chart a cohesive strategy to combat growing policy divergences in Eurozone member states.