In late 2016, the European Fiscal Board (EFB) started its work. It was set up by the Commission as an independent advisory board on fiscal matters. The Board's role is to evaluate the implementation of EU fiscal rules, to advise the Commission on the fiscal stance appropriate for the euro area as a whole and to cooperate with Member States' national fiscal councils.

In this Lunch Debate, we will shed light on the functioning of the EFB and try to give a first assessment of its strengths and weaknesses. Are the EFB’s aims a "mission impossible"? Or are there ways for the new institution, this "watchdog for another watchdog", to succeed e.g. in depoliticising the decisions on the Stability and Growth Pact, including sanctions? How does cooperation with both the Commission and the national fiscal councils materialise? Are there ways to make it more effective? These are just some of the questions addressed in what promises be a thought-provoking debate.

Participation in the event is only possible on invitation. If you are interested in attending the event, please contact us at LunchDebates@zew.de

Speakers

Prof. Dr. Niels Thygesen

Chair of the European Fiscal Board

Xavier Debrun, PhD

National Bank of Belgium

Moderation: Maithreyi Seetharaman

economics and business journalist

Making the Most of the European Fiscal Board
At the ZEW Lunch Debate in Brussels, the panellists evaluated the European Fiscal Committee
The panellists (l-r): Xavier Debrun, Niels Thygesen, Friedrich Heinemann and moderator Maithreyi Seetharaman. © FKPH
Friedrich Heinemann during his presentation at the ZEW Lunch Debate in Brussels
ZEW economist Professor Friedrich Heinemann presented recent ZEW research findings on the new EU Fiscal Board. © FKPH
At the ZEW Lunch Debate in Brussels, the panelists evaluated the European Fiscal Board
The around 60 guests listened attentively to the lecture and the ensuing panel discussion. © FKPH
Xavier Debrun during the ZEW Lunch Debate in Brussels about the European Fiscal Board
Xavier Debrun, head of the Research Department at the International Monetary Fund. © FKPH
Niels Thygesen during the ZEW Lunch Debate in Brussels about the European Fiscal Board
Professor Niels Thygesen is chair of the European Fiscal Board. © FKPH
At the ZEW Lunch Debate in Brussels, the panelists evaluated the European Fiscal Board
The audience is eager to engage in the debate. © FKPH
Friedrich Heinemann at the ZEW Lunch Debate on the European Fiscal Board
ZEW economist Professor Friedrich Heinemann responds to a question from the audience. © FKPH
Maithreyi Seetharaman at the ZEW Lunch Debate on the European Fiscal Board
British economic journalist Maithreyi Seetharaman moderates the discussion. © FKPH
Xavier Debrun and Niels Thygesen at the ZEW Lunch Debate in Brussels
Panellists Xavier Debrun (l.) and Niels Thygesen. © FKPH
At the ZEW Lunch Debate in Brussels, the panelists evaluated the European Fiscal Board
This ZEW Lunch Debate dealt with the role, significance and future of the newly founded European Fiscal Board. © FKPH
At the ZEW Lunch Debate in Brussels, the panelists evaluated the European Fiscal Board
Questions from the audience helped to shape the debate. © FKPH
At the ZEW Lunch Debate in Brussels, the panelists evaluated the European Fiscal Board
Audience members were eager to get their hands on ZEW’s latest research on the European Fiscal Board. © FKPH

Picture gallery at Flickr

Date

27.04.2017 | 12 – 2 p.m.

Event Location

Representation of the State of Baden-Württemberg to the European Union, Rue Belliard 60-62, B-1040 Brussels