The purpose of this workshop is to begin discussions on four key areas in which actual or proposed changes to EMU can meet with legal and institutional constraints or raise important issues of design and effectiveness. Policy briefs which have been prepared by legal scholars in the project will be discussed in a shared meeting of legal scholars and economists. The discussion aims to deepen understanding as to how an effective and desirable EMU might be achieved and how, if at all, legal and normative difficulties that arise could be resolved.
Organisers: Professor Claire Kilpatrick, Professor Giorgio Monti (Department of Law, European University Institute)
9.30 – 11.00 Conditions posed to legal change in reaction to the Eurozone crisis at both EU and national level
11.00 – 11.30 Coffee Break
11.30 – 13.00 Exploring the new E in EMU: constraints and effectiveness
13.00 – 14.00 Lunch
14.00 – 15.30 Legal aspects of risk-sharing mechanisms
15.30 – 16.00 Coffee Break
16.00 – 18.00 Legal aspects of banking union | Follow-up discussion
As part of this year’s State of the Union conference in Florence, a workshop will discuss the stability of the banking system. The event will be hosted by Professor Richard Portes. He will be joined by the Florence School of Banking and Finance’s director Professor Elena Carletti. The event will conclude with a speech by Ignazio Visco, Governor of the Bank of Italy.