LORDS

Former Italian Prime Minister and Bank of Finland Governor questioned

11 February 2014

The House of Lords EU Sub-Committee on Economic and Financial Affairs will next week hear evidence as part of its ongoing investigation into the euro area crisis.

Witnesses

Tuesday 11 February 2014, Committee Room 1, House of Lords

9.40am

  • Senator Mario Monti, former Prime Minister of Italy

11.00am

  • Erkki Liikanen, Governor of the Bank of Finland, and Chair of the High Level Expert Group on reforming the structure of the EU Banking Sector

On Tuesday 11 February the Committee will question, via videoconference, Senator Mario Monti, former Prime Minister of Italy, and Erkki Liikanen, Governor of Bank of Finland and Chair of the Liikanen Group on EU bank structural reform, on the long-term prospects for the euro area, how well the European Central Bank has coped with the crisis, how much of a problem are the stuttering economies of France and Italy, and the risks posed by deflation.

Senator Mario Monti will also be asked about the effectiveness of the reforms he put in place while he was Prime Minister.

The session also represents an opportunity to question Erkki Liikanen on his views of the Commission’s proposals on banking reform, and whether they have sufficiently heeded the recommendations in the Liikanen report. This report was commissioned to look at banking reforms across the EU, and was published in late 2012.

Further information

Image: iStockphoto

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