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The ECB and Its Watchers VIII

May 5, 2006

Auditorium
Commerzbank AG
Frankfurt am Main

Program

08:15 – 08:45

Registration and Coffee

08:45

Welcome

Volker Wieland, Center for Financial Studies

08:45 - 10:15

Panel I (Part 1): ECB Watch - Current Policy Performance and New Challenges

Chair: 
Volker Wieland, Center for Financial Studies

Speakers:
Elga Bartsch, Executive Director, Morgan Stanley
Giancarlo Corsetti, European University Institute and CEPR
Peter Hooper, Chief US Economist, Deutsche Bank
Angel Ubide, Director of Global Economics, Tudor Investment
Manfred Neumann, University of Bonn

10:15 - 10:45

Coffee Break

10:45 - 11:45

Panel I (Part 2): ECB Watch - Review of the ECB’s Strategy and Alternative Approaches

Chair: 
Volker Wieland, Center for Financial Studies

Speakers:
Huw Pill, Head of Monetary Policy Stance Division, European Central Bank
Jan Qvigstad, Executive Director and Chief Economist, Bank of Norway
Richard Clarida, Global Strategy Adviser Pimco & Columbia University
Athanasios Orphanides, Adviser, Division of Monetary Affairs, Federal Reserve Board

11:45

Reply to Panel I and Discussion

Otmar Issing, Member of the Executive Board, European Central Bank

12:30 - 13:30

Lunch Break

13:30

The ECB and Its Watchers: 1999-2006

Axel A. Weber, President, Deutsche Bundesbank

13:45 - 15:30

Panel II: The Revised Stability and Growth Pact - Is it working?

Chair: 
Wolfgang Schill, Director General DG Economics, European Central Bank

Speakers:
José Manuel González Páramo, Member of the Executive Board, European Central Bank
Michael Hüther, Director, Institut der Deutschen Wirtschaft
Lars Calmfors, Stockholm University
Servaas Deroose, Director Economy of the euro area and the Union, European Commission

15:30 - 16:00

Coffee Break

16:00 - 17:45

Panel III: On the Road to the Euro? Progress and Prospects of New EU Members

Chair: 
Lucrezia Reichlin, Director General Research, European Central Bank

Speakers:
Lucas Papademos, Vice-President, European Central Bank
György Szapáry, Deputy Governor, Magyar Nemzeti Bank/The Central Bank of Hungary
Willem Buiter, London School of Economics
Daniel Gros, Director, CEPS

17:45

Concluding Remarks

Otmar Issing, Center for Financial Studies