Thursday, March 8, 2012 - 11:00 - 14:00
Brussels Press Club
Rue Froissart 95
1040 BrusselsBelgium
The economic and financial crisis has revealed a number of weaknesses in the economic governance of the EU's economic and monetary union.
The EU and its Member States have taken a series of important decisions that will mean stronger economic and budgetary coordination for the EU as a whole and for the euro area in particular.
Thus, in May 2011, the Member States agreed to establish a rescue mechanism worth €750 billion to protect the euro from collapsing under the weight of accumulated debt.