Veranstaltungsberichte

Financial and Banking Union and its importance for the completion of the EMU

von Hardy Ostry, Oliver Morwinsky
On October 12th 2017, the latest session of the working group on the Eco-nomic and Monetary Union (EMU), organized jointly by the European Office of Konrad-Adenauer-Stiftung (KAS) and the Federal Association of German Industry (BDI) took place. he speakers (Daniel Gros, CEPS), Timo Löyttyniemi (SRB) and Oliver Schuster (Advisor to MEP Othmar Karas) discussed together with the audience the importance of the Financial and Banking Union with all of its implications.

The session was chaired by Klaus Günter Deutsch (Head of Department ‘Research, Industrial and Economic Policy’, BDI) and Oliver Morwinsky (Research Associate at the European Office of KAS). Under the title “Financial and Banking Union and its importance for the completion of the EMU” Daniel Gros (Director of the Centre for European Policy Studies, CEPS), Timo Löyttyniemi (Vice Chair of the Single Resolution Board, SRB) and Oliver Schuster (Advisor of the MEP Othmar Karas) held a lively debate on the future development of the European Stability Mechanism (ESM) and the importance of diversity.

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