Will the euro area ever complete its banking union?

Nicolas Véron (PIIE), Luis Garicano (European Parliament) and Jeromin Zettelmeyer (International Monetary Fund; on leave from PIIE for public service)


March 24, 2021 9:00 AM to 10:00 AM EDT
Virtual Event

Event Summary

For a number of years the European Union has been debating the completion of its banking union project, which started in the midst of financial turmoil in 2012. The European Commission recently opened a public consultation on the legal framework for bank crisis management and deposit insurance, a key piece of unfinished work. This session will take stock on the prospects for meaningful reform.

Joining this episode of Financial Statements were:


Nicolas Véron, Senior Fellow, Peterson Institute for International Economics (PIIE)


  • Luis Garicano
    Member of the European Parliament (Renew Europe – Spain)
  • Jeromin Zettelmeyer
    Deputy Director of the Strategy, Policy and Review Department at the International Monetary Fund, on leave from PIIE


Financial Statements is a virtual event series hosted twice a month by Nicolas Véron that explores changes in the world of finance, encompassing themes of financial services regulation, corporate finance and governance, systemic fragility and crises, and structural changes driving business and policy trends in the financial sector.