The Options for A True Economic And Monetary Union

The Finnish Institute of International Affairs (FIIA) and the Research Institute of the Finnish Economy (ETLA) have the pleasure of inviting you to a seminar:


On Monday 14 October, at 9:00-11:30

At the Parliament Annex Auditorium (Pikkuparlamentti)

Arkadiankatu 3, Helsinki

The European Union is in a state of flux. The financial and economic crisis has shaken the foundations of the Economic and Monetary Union (EMU). Several decisions have already been taken to overcome the current crisis and prevent new ones. Further reforms are currently negotiated to reinforce the EMU. What are the main options for EMU’s development? What kind of economic and political implications underpin the different pathways to a more stable Economic and Monetary Union?

Opening remarks:

“The future scenarios for the EMU”
Teija Tiilikainen, Director, the Finnish Institute of International Affairs


“Implications of EU governance reforms”
Cinzia Alcidi, Head of Economic Policy Unit, Centre for European Policy Studies (CEPS)

“Fiscal union and the mutualisation of shocks in the Euro area”
Francesco Papadia, Affiliate Fellow, Bruegel; Chairman, Primary Collateralised Securities

“Why do we need a banking union?”
Antti Suvanto, Advisor to the Board, Bank of Finland

“Political union”
Josef Janning, Mercator Fellow, The German Council on Foreign Relations (DGAP)

Closing remarks:

Vesa Vihriälä, Managing Director, the Research Institute of the Finnish Economy

Chair: Juha Jokela, Director of EU Research Programme, the Finnish Institute of International Affairs

Coffee will be served at the seminar starting at 8:30. The number of seats is limited. We will register your participation on a first-come first-served basis. We kindly ask you to confirm your participation in the seminar at the very latest on Wednesday 9 October by filling in the registration form through the link below.

For more information, please do not hesitate to contact:
Sannamari Bagge, tel. +358 9 432 7711,