Completing Europe's Economic and Monetary Union

EMU Forum 2016 of the Oesterreichische Nationalbank, Vienna, November 24 and 25, 2016

• How can the European Economic and Monetary Union (EMU) meet the challenges identified since the outbreak of the financial crisis?
• Do we need a European finance minister to strengthen Europe’s resilience to future crises?
• How can we better exploit the growth potential of the euro?

The EMU Forum 2016 brings together international experts to discuss these issues at the Oesterreichische Nationalbank (OeNB) on November 24 and 25.

Host OeNB Governor Ewald Nowotny welcomes a number of renowned experts and representatives from politics, academia, business and European institutions. The keynote speakers are Peter Praet (ECB) and Klaus Regling (European Stability Mechanism).

The event is co-organized by the Euro50 Group, a European network of experts represented by former French Minister of Finance Edmond Alphandéry and the Vienna Institute for International Economic Studies (wiiw), represented by Michael Landesmann.

The discussion will be based on the Five Presidents’ Report, an ambitious plan for deepening EMU presented last year by the President of the European Commission, Jean-Claude Juncker, together with the President of the Euro Summit, Donald Tusk, the President of the Eurogroup, Jeroen Dijsselbloem, the President of the ECB, Mario Draghi, and the President of the European Parliament, Martin Schulz. The vision of this report is to deepen EMU through a process of reinforcing economic, financial, fiscal and political union, and to complete this process by 2025 at the latest.

“A complete EMU is not an end in itself. It is a means to create a better and fairer life for all citizens, to prepare the Union for future global challenges and to enable each of its members to prosper.” (quote from the report)

For further information please refer to the enclosed program or our website www.oenb.at.