Specialists give evidence on Economic and Monetary Union

02 February 2016

The EU Financial Affairs Sub-Committee continues its inquiry with evidence from an academic and two specialists on issues relating to the role of the IMF and to European economic and monetary affairs.


Wednesday 3 February in Committee Room 4, Palace of Westminster

At 10.15am

  • Professor Lucia Quaglia, Department of Politics, University of York
  • Dr Andrew Lilico, Executive Director and Principal, Europe Economics
  • David Marsh, Managing Director, OMFIF (Official Monetary and Financial Institutions Forum)

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 implications of greater political integration within the Eurozone for EU institutions and the impacts this might have on non-euro area Member States, particularly the UK
  • How the approach by Europe’s leaders to deal with the euro crisis is regarded in the international financial community
  • The impact of fiscal rules on the sustainability of economic and monetary union
  • The definition and potential benefits of fiscal union
  • Potential consequences of not completing the banking union in the short and medium term
  • What the eurozone and wider EU can learn from the US about the role played by capital markets and their effect on financial stability

Further information

Image: iStockphoto


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