Conference for the 20th anniversary of the establishment of the European Monetary Institute

January 2014 marked the 20th anniversary of the establishment of the European Monetary Institute.As its first President, Alexandre Lamfalussy, was a Belgian citizen, the National Bank of Belgium organised, together with the European Central Bank, a conference,“Progress through crisis? Conference for the 20th anniversary of the establishment of the European Monetary Institute", on 12 February 2014. The objective of this conference, with ECB President Mario Draghi as keynote speaker, was not only backward-looking, to mark this anniversary and honour Alexandre Lamfalussy, but also forward-looking, to draw lessons from the crisis of the 1990s for the future of EMU.

Introduction: Luc Coene, governor of the NBB  
The Maastricht Treaty framework and the present crisis: Reza Moghadam (IMF)
The EMS crisis: which parallels with the present crisis?: Daniel Gros (CEPS)
From the Maastricht Treaty to the Euro: an economic and fiscal policy perspective: Thomas Wieser (EFC)  
Discussant: André Sapir (ULB)
From the Maastricht Treaty to the Euro: the role of the EMI: Robert Raymond (formerly EMI), paper presented by Ivo Maes (NBB)
The quest for sustainable convergence in EMU: the EMI’s convergence assessments: Frank Moss (ECB)
The design of the ECB’s toolbox: fitting the EMI blueprint into a deeper EMU: Hanspeter Scheller (formerly EMI)  
Discussant: Marco Buti (EC)  
Jacques de Larosière. Presentation of the book "Alexandre Lamfalussy: The Wise Man of the Euro" (by Christophe Lamfalussy, Ivo Maes and Sabine Péters)  
Mario Draghi, president of the ECB: The future of Economic and Monetary Union  
Alexandre Lamfalussy. Concluding remarks