Europe's 2020 strategy calls for “smart, sustainable and inclusive growth,” but ironically, these qualities are just the opposite of what the financial sector has stood for in the EU, and how it continues to be perceived by the public. According to CEPS Chief Executive Karel Lannoo, the huge...

The European Council meeting of June charged the European Commission with responsibility for drafting “by early autumn 2009 at the latest” the proposals to implement a new framework for EU financial supervision, as called for by the de Larosière Committee. This new Policy Brief by CEPS...