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Experts give evidence on Economic and Monetary Union

26 November 2015

On Wednesday 2 December the House of Lords EU Financial Affairs Sub-Committee hears evidence from the former Chair of the European Parliament Economic and Monetary Affairs Committee and from Open Europe on Economic and Monetary Union (EMU). This is the second evidence session of the inquiry.


The evidence session takes place on Wednesday 2 December in Committee Room 4, Palace of Westminster.

At 10.15am:

  • Baroness Bowles of Berkhamsted (Sharon Bowles), former MEP and Chair of the European Parliament Economic and Monetary Affairs Committee
  • Raoul Ruparel, Co-Director, Open Europe

Possible questions

The witnesses are likely to answer questions on the following areas:

  • The overall aims of the Five Presidents' report and actions introduced in the short term by the European Commission on 21 October
  • Direct or indirect impacts of actions identified by the European Commission to complete Europe's Economic and Monetary Union on non-euro area Member States, particularly the UK
  • How EU institutions, including the European Parliament, will be affected by further efforts to integrate euro area Member States
  • The achievement of fiscal union
  • The evolving role and growing powers of the ECB
  • Obstacles the euro area may face in agreeing the first stage of a European deposit insurance scheme
  • How achieving a Capital Markets Union may complement and reinforce existing and future financial integration efforts, and in turn support the completion of EMU
  • UK participation in initiatives set out in the Five Presidents' Report

Further information

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