Over the course of the past three years, a consortium of prestigious universities and economic policy institutes has worked together to carry out research under the FIRSTRUN project. The research team has produced a large body of scientific papers and policy analysis intended to actively contributing to the debate on EU economic governance. This conference is an opportunity to present selected outputs of the FIRSTRUN project aiming at better understanding how the current EU governance system works as well as discussing potential changes. The conference comes at a very timely moment when the European Commission will be putting forward a more detailed view about the future of EU economic governance. This view will be presented during the conference by Marco Buti, Director-General for Economic and Financial Affairs at the European Commission.