On Friday the 26th June 2015 were held at the EU House in Nicosia two Round Tables entitled respectively ‘New economic governance in the Euro area – scope and limitations’ and ‘Legal aspects of the European Banking Union’, organised by the Jean Monnet Module running at the School of Law of UCLan Cyprus and co-funded by the European Union, in the field of the Law of EU Economic and Financial Governance in the EU (FECoGov). The Round Tables were co-organised with the Representation of the European Commission in Cyprus and the European Parliament Information Office in Cyprus.
A number of eminent experts were invited to present at the event by Dr. Stéphanie Laulhé Shaelou, Associate Professor, School of Law, UCLan Cyprus and Jean Monnet Module Leader and Academic Coordinator, to participate to the event (Prof. Fabian Amtenbrink, Erasmus Rotterdam University; Dr. Phoebus Athanassiou, University of Frankfurt; Dr. Dariusz Adamski, University of Wroclaw; Prof. Takis Tridimas, King’s College London) as well as present the institutional perspective (Mr George Moschovis, European Commission, DG ECFIN) and the local perspective (Former Judge George Arestis; Former Judge Andreas Paschalides; Mr Pantelis Christofides and Mr Tasos Coucounis). A number of pre-selected participants had the opportunity to take part in the Round Tables and exchange with the experts.
The topics presented and exchanged on included for Round Table 1 current issues and challenges of economic governance in the Euro area, the renewed role of the EU institutions and the Troika, the decision of the Court of Justice of the European Union in the Gauweiler/OMT case and the viability of an ordered exit from the Euro area. Round Table 2 focussed on the European Banking Union and the Capital Markets Union including through a discussion of crisis-related instruments and the new role of the ECB in prudential supervision. The Round Tables successfully concluded with a consideration of the macro-economic adjustment programme for Cyprus and the bail-in provisions.
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