Suchergebnisse

"This book, written by two experts in the field and based on research conducted at the Centre for European Policy Studies (CEPS), addresses the considerable impact that the introduction of the euro is likely to have on capital markets in Europe." "The authors predict that the impact will be far-reaching, leading to a more liquid, mature and efficient capital market. The structure of capital markets in Europe and the behaviour of actors in these markets will be fundamentally affected, leading to a more integrated market. For monetary union to achieve its real objective, policy makers will need to address a wide variety of outstanding issues, in particular the taxation of savings income, accounting standards, capital market regulation and financial supervision."--Jacket

More than other EU 'Unions', the proposed Health Union requires proper definition because the EU's competences are limited in this domain.

Contents: 1. Jürgen von Hagen, Jean Pisani-Ferry - Forum Economique Franco-Allemand /Deutsch-Französisches Wirtschaftspolitisches Forum .1 -- 2. Karel Lannoo - Financial Supervision in EMU .3 -- 3. Charles Wyplosz - Economic Policy Coordination in EMU: Strategies and Institutions.36 -- 4. Agnès Bénassy-Quéré - Summary of the Proceedings of the Fourth Franco-German Forum .61

Credit rating agencies have come under increased scrutiny since the financial crisis. Their failure to recognise the threats to the financial system prior to the crisis coupled with their steady downgrading of European sovereign debt has led to much criticism, especially from European politicians and economists. This Forum examines the major agencies' influence, independence and performance and explores whether a publicly funded European agency would improve the situation.

In March, the European Commission released its Europe 2020 strategy proposal, which strives for smart, sustainable and inclusive growth and greater policy coordination between the EU and national governments. While the document was greeted with scepticism in some quarters, others believe it lays out the path to continued European prosperity and social cohesion. This Forum examines the strengths and weaknesses of the strategy.