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WELCOME to ELEC

Welcome on the web site of the European League for Economic Cooperation.

ELEC is a network of European entrepreneurs of goodwill, aimed at putting timely intellectual pressure on European decision makers to further economic integration in Europe. It acts in complete independence from national or private interests, public authorities or any pressure group.

Established in 1946, ELEC was in 1948 one of the founding members of the European Movement. Its mission includes the mobilisation of its members in support of projects that embody the European common interests through the circulation of information, the organisation of debates and the publication of papers on important European themes.

ELEC is built as a federation of national sections present in a number of European countries. The membership of its national sections is drawn largely from economic and financial circles; but it also maintains close contacts with senior national and European civil servants as well as academics and policy makers, whose expertise and influence stimulate the exchanges and broaden their scope and quality.

One becomes a member of ELE by adhering to one of the national sections. More information can also be obtained from the international secretariat in Brussels.

LATEST NEWS ...

Monetary Commission in Vienna on May 7th

Since the end of last year, a lot of important steps have been taken to try to solve the crisis in the euro area. And indeed, the nervousness on financial markets seems to have abated. But let us not be naïve. The euro crisis is not over. Reason enough to devote a new meeting of ELEC’s Monetary Commission to the developments and the challenges of the European Monetary Union.

Save the date already. The meeting will take place on Monday May 7th in Vienna, at the invitation of the National Bank of Austria. Topics that will be examined are the fiscal pact, the golden rule and Eurobonds. The minute we have more details, we will inform you.

As you know, another meeting of the Monetary Commission is already in the pipeline in autumn. It will take place in Bucharest on October 26th 2012 and it will be open to non-ELEC members too. We want to reach out to Eastern European countries with the concrete subject: "Eastern Europe at the monetary crossroads: is accession to the euro area still an option?"