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Selten calls the banking and fiscal integration in the European Union and a stronger Central Bank

The Nobel prize in Economics Reinhard Selten considers that the EU would be reinforced by the crisis if the European Parliament to be renewed in May and the European Council are comitted to banking and fiscal integration and reinforce the role of the European Central Bank (ECB). "A truly united Europe would be politically and economically influential in the international economy and internally fight effectively against fraud and streamline the tax burden -Selten considered-. With power, the ECB could force private banks to get credit to productive economy rather than to speculative products".

Selten made ​​these considerations before entering in the Real Academia de Ciencias Económicas y Financieras of Spain (RACEF) as Corresponding Academician for Germany in a ceremony that was held in Barcelona. Selten, who received the Nobel with John Forbes Nash and John Harsanyi for their contributions to the theory of games, read the inaugural address "From learning direction theory to generalizad impulse balance”. Responded on behalf of the RACEF its President, Jaime Gil Aluja.

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