EMU reform as a case-study for multispeed integration

Tomáš Madleňák publikoval v rámci projektu Think Visegrad policy brief o reformě hospodářské a měnové unie.

Ever since the Juncker’s Commission opened the “Future of Europe” debate with the White Paper of identical name, in which the “multispeed EU” was officially presented as a viable option, several more or less ambitious ideas were presented on the most exposed area, in which the multispeed (or two-speed) approach has been in use for quite some time already – the Economic and Monetary Union (EMU). In this short paper I will summarise some of these ideas, try to present and explain the positions of the V4 countries on them based on my on and off-record conversations with V4 representatives in Brussel; and present some basic recommendations on how to progress with the multispeed approach in this and other areas without alienating these countries, which decide not to join since the beginning.

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#Think Visegrad in Brussels #Think Visegrad #EMU #Monetary Union #Economic Union

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