Conference: What way forward towards the political and economic integration of the Eurozone?



The Jean-Jaurès Foundation and the FEPS organize a European conference Saturday, May 25th 2013 at Bibliothèque François Mitterand entitled "What way forward towards the political and economic integration of the Eurozone?" to propose concrete measures for more economic, social and political integration in the EU.

 

Context

The EU integration needs a new impetus. At the economic level, the euro crisis has shown that the monetary union is dysfunctional in the absence of complementary, budgetary or fiscal union. The implementation of austerity policies hinders the return of growth in Europe. At the political level, the intergovernmental method to solve the crisis has proved cumbersome. Political action came too late in order to curb market speculation. The decisions made changed radically the financial commitments in the national budgets without any democratic consultation of the people.

The latest policy guidelines of the European Council seem to move in the right direction, towards an economic governance of the Eurozone. However, the economic crisis is questioning how equitable growth and job creation can be achieved in the EU. In its document “Towards a Genuine Economic and Monetary Union”, The President of the European Council has outlined several mechanisms to be implemented by 2014 in order to strengthen the European Monetary Union (EMU),.  The implementation and the financing of such mechanisms remain an open question. Moreover, further integration through solidarity leaves open the question of democratic accountability.

How could we achieve a stronger EMU where growth, employment and equity are at the core? What would this entail in economic, institutional, and political terms? Now more than ever, it is crucial that the progressives join forces in addressing the crisis of mission of the EU, and outline together the next steps for taking the economic and political integration further. Only thus can the growing skepticism against the EU be tackled effectively, by making a political proposal for more social justice and equity in Europe.

CONFERENCE REPORT

 

Draft agenda

Morning session

Welcome address – 10 am

  • Gilles Finchelstein, Director General, Jean-Jaurès Foundation
  • Ernst Stetter, Secretary General, FEPS

 

Opening speech – 10.30 am-11 am

Massimo D’Alema, President, FEPS

 

First round table: economic and social solidarity in the euro zone (11 am – 1 pm)

Introduction by : Daniel Cohen, Vice-President of the Paris School of Economics and Chairman of the Scientific Steering Committee at the Jean-Jaurès Foundation

Participants :

 

 

Afternoon session

Opening speech – 2 pm  –  2.30 pm

Martin Schulz, President, European Parliament, S&D political group

 

Second round table : Towards political and economic integration ? (2.30 pm  –  4.30 pm)

Introduction by : Bruno Liebhaberg, FEPS, President of the Scientific Council

Participants :

  • Stephany Griffith-Jones, Executive Director, Initiative for Policy Dialogue, Columbia University
  • Paul Magnette, President of the Socialist Party, Belgium
  • Jean Pisani-Ferry, Director, Bruegel
  • Gaëtane Ricard-Nihoul, political analyst, representation in France of the European Commission
  • Catherine Trautmann, MEP, S&D political group
  • Stefano Fassina, Vice Minister, Partito Democratico (Italy)

 

Conclusion

Pierre Moscovici, Minister of the Economy and Finances