What are the issues surrounding Economic and Monetary Union?

20 January 2016

The EU Financial Affairs Sub-Committee continues its inquiry with its sixth evidence session. The Committee hears evidence from a range of specialists on issues including the implications of the short- and long-term plans for economic and fiscal convergence. 


Wednesday 20 January in Committee Room 4, Palace of Westminster

At 10.15am

  • Professor Erik Jones, Professor of European Studies and International Political Economy, Johns Hopkins University
  • Megan Greene, Chief Global Economist at Manulife Asset Management
  • John Peet, Political Editor, The Economist

Possible questions

The witnesses are likely to answer questions on the following areas:

  • The Five Presidents' Report and the actions introduced in the short term by the European Commission on 21 October
  • Direct or indirect impacts of economic and monetary union on non-euro area Member States, particularly the UK
  • The definition and practicalities of fiscal union
  • Whether more economic and fiscal policy coordination is necessary to achieve an effective economic and monetary union 
  • Effectiveness of incentives for more prosperous countries to make policy changes
  • Plans for banking union, including views on the European Deposit Insurance Scheme
  • What the EU can learn from the US in terms of capital markets playing a larger role in capital allocation
  • The possible need for institutional reform of the Eurozone to enable more effective governance

 Further information

Image: iStockphoto

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