''The European Commission’s ESM reform plans are so one-sided that they
can only exacerbate the Eurozone’s existing problems and deepen the
gulf between creditor and debtor states, writes Clemens Fuest.
Clemens Fuest is President of the Ifo Institute and co-author of the European Economic Advisory Group Report 2017.
The European Commission has proposed further developing the European
Stability Mechanism (ESM) into a European Monetary Fund (EMF). Firstly,
the European Council should be given a greater say and should be able to
approve or reject bail-out programmes. Secondly, it proposes giving the
EMF more instruments and more money to support crisis-afflicted states
and banks. Thirdly, the EMF should be obliged to report regularly to the
European Parliament and national parliaments on its activities, with a
view to achieving greater democratic control..''
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ΣΥΝΕΡΓΑΖΟΝΤΑΙ : Α.ΓΚΟΛΤΣΟΣ,Α. ΚΡΗΤΙΚΟΣ, Γ.ΚΟΚΚΑΛΑΣ Ζ.ΛΑΛΛΗ , ΕΛΙΣΑΒΕΤ ΚΟΤΖΙΑ, ΛΩΡΑ, Γ. ΜΕΙΜΑΡΟΓΛΟΥ, Ε. ΣΤΙΚΑ, OTINANISM, , ΦΡΑΓ.ΚΟΣ,Π. ΚΑΡΒΟΥΝΗΣ, Α. ΔΡΥΜΙΩΤΗΣ ΠΑΛΑΙΟΤΕΡΟΙ ΣΥΝΕΡΓΑΤΕΣ: Β.ΒΑΡΣΟΣ, Μ.ΦΙΛΙΠΠΙΔΗΣ, ROSANIMARIA, Μ.ΓΕΩΡΓΙΟΥ,I.ΑΒΡΑΜΙΔΟΥ Β. ΦΡΑΝΤΖΟΛΑΣ FREE LANCE:Ε.ΒΑΡΔΑΚΑΣ... ΚΑΙ Ο ΓΙΩΡΓΟΣ ΓΛΥΝΟΣ ΠΟΥ ΕΦΥΓΕ 29/5/2013, Ο ΑΝΤΟΝΙΧ-ΑΝΤΩΝΗΣ ΧΑΤΖΗΓΙΑΚΟΥΜΗΣ-ΠΟΥ ΕΦΥΓΕ 18/4/2015 και ο ΔΗΜΟΣΘΕΝΗΣ ΤΣΑΝΤΙΛΗΣ ΠΟΥ ΕΦΥΓΕ ΤΟ ΑΥΓΟΥΣΤΟ 2021
Monday, January 8, 2018
''A Three-Step Plan for a Better European Monetary Fund'' By Clemens Fuest | Ifo Institute Jan 5, 2018
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