EU's Jyrki Katainen on Growth, Brexit, and Banks

The video discusses the European internal market, highlighting its strengths and challenges, such as digital product regulations and capital market harmonization. It addresses the UK's potential exit from the EU and its implications. The video also covers the implementation of fiscal policies and structural reforms, emphasizing the need for member states to reduce deficits and public debt. Finally, it explores ways to strengthen the EU's mandate, including limiting banks' exposure to public debt and enhancing enforcement tools.

What is one of the main goals of the European Commission regarding the internal market?

• To reduce the number of consumers

• To deepen and widen the internal market

• To eliminate digital products and services

• To maintain 28 different national regulations

Why is the UK's decision in the referendum significant for the EU?

• It will have no impact on the EU

• It could reduce the EU market size significantly

• It will increase the number of EU regulations

• It will lead to the creation of a new currency

What is a major challenge in implementing fiscal policies across EU member states?

• Political difficulties in reforming societies

• Excessive consumer demand

• Lack of digital infrastructure

• Overdeveloped capital markets

What is one proposal to address the issue of banks' exposure to public debt?

• Increase banks' exposure to public debt

• Reduce consumer numbers

• Create a European-wide deposit scheme

• Eliminate the banking union

What is the European Commission's stance on changing fiscal enforcement rules?

• They see a strong need for change

• They believe current tools are sufficient

• They want to eliminate all rules

• They plan to increase political influence