Latest blog articles by Diane Fromage

  • blog over Europese Monetaire Unie

    Reforms of the Economic and Monetary Union and of the European Banking Union: current state of play

    19 July 2019
    The financial and economic crisis evidenced the need to reform and strengthen the EU’s Economic and Monetary Union. As is well-known, several imbalances in its functioning – notably the imbalance between a fully integrated Monetary Union among Euro area Member States and the mere coordination of their economic policies – showed their limits, as did the possibility for banks to operate in several Member States without any common supervisory framework.
  • Stability Treaty - TSCG

    The treaty on stability, coordination and governance

    6 November 2017
    The economic and monetary crisis that has been hitting the European Union (EU) over the past decade has led the EU and its Member States to adopt several measures to safeguard the common currency. Among them is the Treaty on Stability, Coordination and Governance (TSCG), adopted at the peak of the crisis in 2012 to reassure financial markets.
  • Fiscal Compact_EU flags

    The fiscal compact and its implementation in member states

    4 April 2017
    Last February, the European Commission issued its report on the Member States’ compliance with their implementation duties under the Fiscal Compact. Following a rather generous and prudent assessment, the Commission considers that all States have fulfilled their obligations.