Strengthening European Monetary Union – the role of the financial sector

22 June 2018
in cooperation with Fédération Bancaire Française

Banks and financial markets have a key role to perform in strengthening European Monetary Union and fostering economic development in Europe. If the right framework conditions are in place, financial markets can play an important part in monitoring and managing risks in the eurozone, while a true single market for financial services can help to smooth out economic differences across regions.

But what needs to be done to enable monetary union to successfully exploit this function of the financial sector? Are proposed reforms such as “safety bonds” or a common deposit insurance scheme and current risk reduction measures necessary and sufficient?

How could deepening banking union help? How can we relaunch capital markets union and reduce financial fragmentation in the EU? How ambitious can we be for Europe in the financial sector?

Opening Statement

Wolf Klinz MEP, Member of the European Parliament's Committee on Economic and Monetary Affairs

Discussion

Marie-Anne Barbat-Layani, Chief Executive Officer, Fédération Bancaire Française

Wolf Klinz MEP

Christian Ossig, Chief Executive, Bundesverband deutscher Banken

Moderator: Cerstin Gammelin, Deputy Head, Department for Parliamentary Affairs, Süddeutsche Zeitung

-registration is required-