Towards a genuine Economic and Monetary Union Jean-Pierre VIDAL - - PowerPoint PPT Presentation

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Sep 06, 2023 129 likes •178 views

Towards a genuine Economic and Monetary Union Jean-Pierre VIDAL Cabinet of the President of the European Council European Economic and Social Committees Post- Summit debate on the future of EMU - 15 July 2013 - To complete the banking

SLIDE 1

Towards a genuine Economic and Monetary Union

European Economic and Social Committee’s Post- Summit debate on the future of EMU

15 July 2013 -

Jean-Pierre VIDAL Cabinet of the President of the European Council

SLIDE 2

To complete the banking union is the key priority

New rules on capital requirements & Single Supervisory Mechanism Bank Recovery and Resolution & Deposit Guarantee Schemes Directives Single Resolution Mechanism Direct bank recapitalisations by European Stability Mechanism

FINANCIAL STABILITY ► NORMAL LENDING ► GROWTH & JOBS

SLIDE 3

Integrated fiscal framework

6-Pack; 2-Pack; Treaty on Stability Coordination and Governance Implementation of the European fiscal framework Conclusion of the 2013 European Semester -> National Semester

SOUND PUBLIC FINANCES ► GROWTH & JOBS

SLIDE 4

Integrated economic policy framework

Ex ante coordination of major economic reforms Social dimension of the EMU Mutually agreed contracts Solidarity mechanism

COMPETITIVENESS ► GROWTH & JOBS