While Europe is repairing the damages wrought by the last crisis, it simultaneously needs to prepare for the next one. A formal process to complete EMU has been started by President Juncker, and our aim is to accompany that process from a think tank perspective.
Our newly formed steering committee will accompany our work, and provide the project team with early feedback and food for thought.
The group met for the first time on 3 December 2015 in Berlin, starting an open debate on how to complete EMU. Why is the political will to push for a stronger EMU lacking? Should we envisage changes to the European Treaties? Can the euro area hope to achieve convergence under its current rules?
Members of our steering committee:
− László Andor, Senior Fellow, Hertie School of Governance; former EU Commissioner for Employment, Social Affairs and Inclusion
− Lorenzo Bini Smaghi, Chairman, Société Générale; former member of the Executive Board, European Central Bank
− Franziska Brantner, member of the German parliament; former member of the European Parliament
− Cerstin Gammelin, deputy head, department for parliamentary affairs, Süddeutsche Zeitung
− Pascal Lamy, President emeritus Jacques Delors Institute; former Director-General of the World Trade Organisation
− Steffen Kampeter, Director General of the Executive Board of the BDA; former state secretary, German Federal Ministry of Finance
− Gertrude Tumpel-Gugerell, Emerita Consultant, Austrian Institute for Economic Research; former member of the Executive Board, European Central Bank