Central Bank independence and the future of the Euro

We are participating in this event organized by the Financial Services Club and Z-Yen


Over the past decade, central banks have taken on new and expanded roles in an attempt to manage the global financial crisis. The European Central Bank (ECB) has been no exception. If anything, because of the incomplete architecture of the euro, the ECB has faced more serious challenges than either the Bank of England or the Federal Reserve. With the onset of the euro crisis, the ECB was forced to take on powers that went well beyond the conventions of standard monetary policy to prevent European Monetary Union from unravelling.

Panicos Demetriades, former Governor of the Central Bank of Cyprus during the country’s bailout in 2013, examines the role of the ECB and its adoption of these new powers, which have led to legal and political challenges, high-level resignations and the controversial removal of central bankers from their posts without due process. Demetriades argues that at a time when stability and action are needed to secure the future of the euro, the very foundations of the Euro-system are being eroded, namely its ability to act independently.

For full details and tickets visit the FS Club web site

For our views on Central Bank Independence, review our report: Quantitative Easing: the debate that never happened

  • Panicos Demetriades


    Panicos Demetriades

    Former Governor of the Central Bank of Cyprus

  • Kathleen Tyson


    Kathleen Tyson

    Chief Executive, Granularity Ltd

  • Joe Zammit-Lucia


    Joe Zammit-Lucia

    Co-Founder and Trustee, RADIX


Pewterers' Hall The Worshipful Company of Pewterers, Pewterers' Hall Oat Lane, London EC2V 7DE


Thursday 3rd October 2019, 6:00 pm - 8:45 pm

Additional Details

This is a paid event. For tickets please visit the FS Club website

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