The Future of Debt, Money, and Banking

About the project

This project will analyse the Future of Debt, Money, and Banking in the Euro-area. Through a closed-door roundtable and a public conference, ELF aims to create a publication that will serve the policy and decision-makers to address the inflation risk, the rise of cryptocurrencies, and assess the current and upcoming legislation in the Financial and Banking systems. The goal is to bring together expert and relevant stakeholders to discuss in an open manner, which could lead to the creation of specific problem-solving proposals and a toolkit/roadmap. 

About the event

Firstly, the discussion will focus on the inflation risk in the Euro area and will analyse the current ECB policies. It is a crucial moment to tackle this issue as inflation rates are rising across the Member States and have a direct impact on EU citizens. By doing so, ELF also wants to put under the spotlight the current policies and methodology of the institution that is tasked with maintaining price stability in the euro area. During the discussion, fiscal rules for the Member States will also be debated, the European Commission has launched a review of the Stability and Growth Pact that was put on hold in February 2020 by COVID-19. The current geopolitical situation and its impact on the economy of the Euro area will be assessed, looking at the countermeasures taken and the consequences for the banking and financial systems.  

Then, this roundtable will address the consequences of this lack of trust and lack of prospects for savers, in the form of new innovations and the latest developments in financial and banking systems. The Markets in crypto-assets regulation (MiCA), the ‘digital euro’ project and an assessment of new dynamics and actors in the Financial and Banking System will be debated.  

The European Liberal Forum will provide participants with two narratives which will serve as guidelines for the discussion. By doing so, we expect participants to debate and come up with expected scenarios on whether inflation is endemic or not and what should be done in both scenarios.  

The outcome of the discussion will be presented during a public conference later in 2022. 

An event organised by the European Liberal Forum (ELF). Co-funded by the European Parliament. The views expressed herein are those of the speaker(s) alone. These views do not necessarily reflect those of the European Parliament and/or the European Liberal Forum.