European, Politics

Completing EMU – Negotiating « Brexit » With regard to « financial services » Europeans remain as divided as the British!

The three personalities that have recently impressed their mark on the European Union are respectively the President of the ECB, Mario Draghi, for his masterful management of EMU monetary policy as well as keeping the single currency safe (so far), President Emmanuel Macron for his initiative aiming at relaunching the process of EU integration (in the future) and Michel Barnier for his competence in conducting the Brexit negotiation process (under way). Saving the single currency, completing EMU, deepening the EU and reaching a satisfactory agreement with the British in the area of “financial services” after Brexit are deeply intertwined matters which require coordination at each step of these different parallel processes; while this should be evident, it does not appear…

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