Lords investigating economic and monetary union in the EU to explore benefits for the UK
On Wednesday 2 December the House of Lords EU Committee currently holding an inquiry into economic and monetary union (EMU) will take a closer look at the impact on the UK and other non-euro zone Member States.
The investigation is looking at the issue of strengthening EMU, within the context of the Five Presidents' Report.
The House of Lords EU Financial Affairs Sub-Committee will hear from Baroness Bowles, former Chair of the European Parliament Committee on Economic and Monetary Affairs, and Raoul Ruparel, Co-Director from think tank Open Europe.
Some of the questions that the Committee could ask will include:
What is your overall assessment of the Five Presidents Report?
- Does the report do enough to strengthen the euro?
- What will be the impact on the UK, other non-eurozone Member States and the EU institutions of moves to deepen EMU?
- How do the interests of the UK differ from other non-eurozone Members?
- How can fiscal union be achieved?
- How do you see the role of the European Central Bank, and its future?
- What are the main obstacles in moving towards Banking Union?
- What problems does the euro area face in trying to establish a European deposit insurance scheme?
The evidence session will start at 10:15am on Wednesday 2 December. It will be in Committee Room 4 of the House of Lords.