Description

The Euro Area needs reform. Everybody agrees with this statement but there no agreement on what kind of reforms are needed.  Instead this issue has become one of the most divisive among the member countries of the Euro.  Why is this?  What is the state of the debate?  What should an effective reform achieve? In this workshop we will investigate the different dimension of the reform package of the so called 7+7 (French and German Economists) an the following debate.

The workshop will be held on two dates, one at the beginning of the semester giving an overview (October 2) and background and a second date where participants will present and lead the discussion on individual topics (November 14).

Topics for Presentations

• European deposit insurance
• Breaking the doom loop
• Creating euro area safe assets
• A central fiscal capacity
• A debt restructuring mechanism
• Market discipline and transition