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Archive July, 2010     




“Blog-dialogues”: Strong European competences in prudential supervision will preserve the integrity of the single market

July 14, 2010 | Sylvie Goulard | | Read the article »

Sylvie Goulard -  Group of the Alliance of Liberals and Democrats for Europe
On the basis of the report[1] by the high-level group, chaired by Jacques de Larosière, last year the Commission tabled a package consisting of the creation of a European Systemic Risk Board, under the auspices of the European Central Bank, dealing with macro [...]

“Blog-dialogues”: Regulation is being moulded not to protect the consumer but to rearrange the spheres of influence within EU financial markets

July 13, 2010 | Godfrey Bloom | | Read the article »

Godfrey Bloom – Europe of Freedom and Democracy Group
The concept of financial regulation across 27 countries most of whom have no experience of financial services is not just flawed but dangerous.  The United Kingdom, yes the City of London, is the only world class centre for financial services in the European Union.  This is [...]

“Blog-dialogues”: A first step towards a “twin peaks” model of financial supervision


Pervenche Berés – Group of the Progressive Alliance of Socialists and Democrats in the European Parliament
The supervisory package currently under consideration and based on the conclusions of the de Larosière group constitutes an important step ahead. However, further steps will be needed for the future structure of EU supervision if we want to avoid [...]

“Blog-dialogues”: Is Commission’s initiative on supervisory financial authorities an effective and efficient way to address regulatory concerns?


Nikolaos Chountis – Confederal Group of the European United Left – Nordic Green Left
After the stock market and oil crisis in 1970s, the world economic system in general, and the financial system in particular, were based on three “pillars”: a) the collapse of the fixed exchange rates system, b) the internationalization and liberalization of [...]

“Blog-dialogues”: A European framework for financial supervision, an assistance tool to national markets


Rodi Kratsa-Tsagaropoulou – Group of the European People’s Party
The end of this decade coincided with an enormous financial crisis, whose epicentre was the financial sector. Many would argue that all the mess that was brought forward because of the globalization of the markets could have been avoided, or at least its effects been mitigated, [...]

“Blog-dialogues”: Eurodeputies discuss the proposed by the European Commission supervision of financial activities scheme

July 10, 2010 | ELIAMEP | | Read the article »

Jens Bastian – IMF, beyond stereotypes

July 10, 2010 | Bastian Jens | | Read the article »

As the Greek government continues to implement the three-year Stability and Growth Program agreed to with the International Monetary Fund, the European Central Bank and the European Commission, the nature of the emerging working relationship with what is called the “troika,” deserves some additional attention.
While cooperation with the ECB has been well established from the [...]

Dealing with North-South asymmetries within the Eurozone – Interview with Professor David A. Vines

July 3, 2010 | ELIAMEP | | Read the article »

European Seminar, Sounio, Greece, 11 June 2010
David A. Vines, (Prof.), University of Oxford

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