The specific objectives of the workshop are (i) to understand how fiscal and financial shocks propagate from one country to another, and to explore the implications of this for the conduct of fiscal policy in EU countries, and (ii) to assess the role of macroeconomic and financial imbalances in the recent crisis, to analyze the existing institutional mechanisms for controlling such imbalances (in particular the SGP, MIP and EIP), and to consider strategies for their effective improvement, including reform of the European banking sector.

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Workshop program


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