Euro area reforms [What Think Tanks are thinking]

02-09-2016

The euro area and the European Union have been overhauling their economic governance systems since the 2008-09 financial crisis and the subsequent economic slump. Reforms have included the creation of authorities to better supervise the financial markets, improved mechanisms to coordinate fiscal policies, and new procedures to correct economic imbalances. Important steps have been taken to create a Banking Union. But as immediate threats to the stability of the euro area have subsided, the pace of reform has slowed according to many analysts. One of the last significant policy contributions to the debate on how to run the euro zone was the 'Five Presidents' report', entitled 'Completing Europe's Economic and Monetary Union', published more than a year ago. This notes offers links to commentaries, studies and reports on the topic from major international think tanks and research institutes on euro areas reform. Earlier publications on the subject can be found in a previous edition of 'What Think Tanks are Thinking.'

The euro area and the European Union have been overhauling their economic governance systems since the 2008-09 financial crisis and the subsequent economic slump. Reforms have included the creation of authorities to better supervise the financial markets, improved mechanisms to coordinate fiscal policies, and new procedures to correct economic imbalances. Important steps have been taken to create a Banking Union. But as immediate threats to the stability of the euro area have subsided, the pace of reform has slowed according to many analysts. One of the last significant policy contributions to the debate on how to run the euro zone was the 'Five Presidents' report', entitled 'Completing Europe's Economic and Monetary Union', published more than a year ago. This notes offers links to commentaries, studies and reports on the topic from major international think tanks and research institutes on euro areas reform. Earlier publications on the subject can be found in a previous edition of 'What Think Tanks are Thinking.'