he global financial crisis began 10 years ago and led to the European Union's worst recession in its six-decade history. The crisis did not start in Europe but EU institutions and Member States needed to act resolutely to counter its impact and address the shortcomings of the initial set-up of

European Commission sets out possible ways forward for the deepening of Europe's Economic and Monetary Union ollowing the Commission's White Paper on the Future of Europe presented on 1 March, the Commission now sets out possible ways forward for deepening Europe's Economic and Monetary Union. The reflection paper builds on the Five

ebate is an indispensable part of achieving a full and deep Economic and Monetary Union (EMU), and in particular about bringing forward a proposal for a European Deposit Insurance Scheme (EDIS). The recent Five Presidents' Report set out a number of steps to further strengthen EMU. One of them is to move