Seizing the moment for euro area reform: A three-step action plan

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Series Details 05.06.17
Publication Date 05/06/2017
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On 31 May 2017, the European Commission published a reflection paper on the deepening of the economic and monetary union.

Henrik Enderlein, Enrico Letta and Aart De Geus outline proposals that they believe should have been contained in the paper. Their plan includes three key building blocks for a lasting and workable reform: a first aid kit, a structural reform and investment agenda, and significant risk-sharing.

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European Commission: Press Release IP/17/1454 (31.05.17): Commission sets out possible ways forward for the deepening of Europe's Economic and Monetary Union
ESO: Background information: Repair and Prepare. Growth and the Euro after Brexit (Bertelsman Stiftung, 2016)
Jacques Delors Institut / Bertelsmann Foundation: Seizing the Moment for Euro Area Reform, 2017
ESO: Background information: Macron, Merkel and the Future of the Euro (CER Bulletin No. 114, June/July 2017)
ESO: Background information: Macron Président: Setting Up Another Round Of Conflict On EMU Reform? (Social Europe 09.05.17, et al)
Blog: LSE EuroppBlog, 20.06.17: Deepening the Economic and Monetary Union: What the Commission missed in its reflection paper
Blog: LSE EuroppBlog, 29.06.17: Reflecting on how to run €MU more effectively

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