LORDS

Lords question German Ambassador and European Central Bank on EU Banking Reform

23 October 2012

The House of Lords European Union Committee will next week take evidence from Vitor Constâncio, Vice-President of the European Central Bank (ECB) and Georg Boomgaarden, German Ambassador to the UK as part of their inquiry into EU proposals for reform of the banking sector.

Mr Constâncio (who will give evidence via video link) will be asked about proposals for the ECB to have a broader supervisory role over European banks and what impact that could have on European countries such as the UK who are not within the Eurozone. Mr Boomgaarden will be asked to explain the German position regarding proposals for banking union within the EU and how far Germany is prepared to underwrite bank deposits in other Member states.

Witnesses

At 2pm, Monday 22 October, Committee Room 1, palace of Westminster

  • Vitor Constâncio, Vice-President, European Central Bank (via Video Link)

Tuesday 23 October, Committee Room 1, palace of Westminster

At 10.30am

  • Georg Boomgaarden, German Ambassador to the UK

At 11.30am

  • Mats Persson, Director, Open Europe
  • Philip Whyte, Senior Research Fellow, Centre for European Reform

Image: iStockphoto

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