Notre Europe: "A radical cure for euro-paralysis"

"A radical cure for euro-paralysis"

Tribune | 08/06/2009

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Article published in FT Website and in Italian in El Corriere della Sera.

FT Website / Corriere della Sera.

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Articles by Tommaso Padoa-Schioppa :

Tribute to Tommaso Padoa-Schioppa
Tommaso Padoa-Schioppa: the determination of a Euro's architect in the face of crisis
„Die Euro-Krise ist ein Weckruf“
"Closing the year, closing the crisis?" A Conversation with Tommaso Padoa-Schioppa on the eve of the December 2010 European Council
"Stability, yes; but also growth" - A Conversation with Tommaso Padoa-Schioppa on the Eve of the October 2010 European Council

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Tommaso Padoa-Schioppa

Tommaso Padoa-Schioppa died on 18th December 2010 in Rome. He was 70 years old. He was President of Notre Europe and Chairman of Promontory Europe. He was appointed by Greek Prime Minister Counsel for issues related to management of the economic crisis and public debt in the financial system on August 3, 2010. He was Chairman of the Trustees of the IFRS Foundation & International Financial Reporting Standards. He was Italian Minister of Economy and Finance (2006-08) and Chairman of the Ministerial Committee of the International Monetary Fund (IMFC, 2007-2008). He was a former Chairman of the Trustees of the IASC Foundation (International Accounting Standard Committee, 2005-2006). In 1998-2005 he was member of the first Executive Board of the European Central Bank. Previously he was Chairman of Commissione Nazionale per le Società e la Borsa (CONSOB, 1997-98), Deputy Director General of the Banca d'Italia (1984-97) and Director General for Economic and Financial Affairs at the Commission of the European Communities (1979-83). He has been Joint Secretary to the Delors Committee (1988-89), Chairman of the Banking Advisory Committee of the EC (1988-91) , Chairman of the Basle Committee on Banking Supervision (1993-97) and Chairman of the Committee on Payment and Settlement Systems (2000-05). He graduated from the Luigi Bocconi University and has a M.Sc. from the Massachusetts Institute of Technology.

In view

European Elections

Our news | 29/05/2009

On 4-7 June Europe's voters were asked to renew their representatives in the European Parliament. Essential to European democracy, this 5-yearly date in the electoral calendar has held for thirty years. Since 1979 these elections have conferred substantial political legitimacy on the European parliament, since it is the only EU institution directly elected by citizens. This democratic legitimacy has in turn served gradually to increase the power of the parliament. As the "European Parliamentary Assembly", the body was originally limited to a consultative role and comprised national MPs designated by their peers. Treaties have turned it into a veritable European Parliament, with budgetary, legislative and political competencies. The co-decision procedure, introduced by the Treaty of Maastricht, grants the Parliament equality alongside the Council of Ministers during decision-making.