European Commission staff, in liaison with staff from the European Central Bank, visited Madrid on 7 and 8 May for the eleventh post-programme mission to Spain. Staff from the European Stability Mechanism participated in the meetings in the context of its Early Warning System.
More work is still needed to prevent future financial crises. Next week MEPs vote on plans to further reinforce the eurozone’s banking union.
Opening statement by Sabine Lautenschläger, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, to panel 1 “After all the reforms: Where did we end up?” at the 6th Frankfurt Conference on Financial Market Policy: “European Financial Markets – Too Much Variety?” in Frankfurt, 14 December 2018.