The future of EMU reforms
Sabine Saurugger and Dirk Leuffen spoke at an event on the future of EMU reforms hosted by the EMU Choices project and CEPS on 6 May 2019.
EU3D researchers Sabine Saurugger (Sciences Po Grenoble) and Dirk Leuffen (University of Konstanz) spoke at the event, along with Sonja Puntscher-Riekmann (University of Salzburg) and Andrew Duff (Spinelli Group), who are members of the EU3D Advisory Board.
The euro area crisis demonstrated how weak economic policy coordination and loose fiscal oversight could destabilize a monetary union. To prevent a recurrence of the crisis, economists, political actors and the 'Blueprint' of the European Commission are asking for the construction of a deep and genuine economic and monetary union with reinforced governance architecture – beyond the recently adopted mechanisms.