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Europe After the German General Election - How the Next Steps Should Look

September 20, 2013

Many observers assume that new markers will be laid down in European policy after the German general election. Is there a debt limit (of whatever kind) for Greece? Will new rescue packages be prepared for the indebted countries? Will Germany's current guarantee sum be expanded? Will the march towards the transfer union continue? Will the ECB receive additional supervisory competencies? How can the structural adaptation requirements in southern Europe be managed?

Immediately after the general election, on October 1-2, the Global Economic Symposium (GES) will convene in Kiel, at which international experts shall address these issues. In a total of five discussion sessions, they will illuminate current and future European policies:

  • The Future of Europe
  • Holistic Approaches to Solve the Euro Crisis
  • The Future of Monetary Policy and Financial Market Reform
  • Designing a Stable Euroland: The German Corporate Perspective
  • Strengthening European Competitiveness

 

The experts in these discussion groups will include:

  • George Soros, Founder and Chairman, Open Society Foundations
  • Daniel Gros, Director, The Centre for European Policy Studies
  • Guntram Wolf, Director, Bruegel Institute
  • Mehmet Şimşek, Minister of Finance, Turkey
  • Barry Eichengreen, Professor of Economics and Political Science,Columbia University
  • Jaques Attali, President and Founder, PlaNet Finance Group

 

With regard to the question as to how bank supervision should be designed in the future, the GES expert Barry Eichengreen has a clear answer: "The Eurozone has recently decided to place its single supervisor inside the European Central Bank, but members of the board continue to resist calls to publish the central bank's minutes and to otherwise become more transparent.
Our research suggests that the first decision is right but the second one is wrong."

Approximately 600 international decision makers in government, business, science, and civil society are expected to come together for the 6th Global Economic Symposium (GES 2013) on October 1–2. Their objective: to develop solutions to current global problems:

 

The Global Economic Symposium (GES) 2013 is being organized by the Kiel Institute for the World Economy (IfW) in cooperation with the German National Library of Economics – Leibniz Information Centre for Economics (ZBW).

Further information is available at http://www.global-economic-symposium.org and on the official GES Blog at blog.global-economic-symposium.org.

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