Speakers
Objectives of the roundtable
10 years after the creation of the Banking Union and 7 years after the launch of the first CMU initiative, European banking and capital markets remain fragmented within the EU.
On 19 January 2021, the Commission issued a communication which sets out how the EU can reinforce its open strategic autonomy in the macro-economic and financial fields.
On 20 June 2023, the European Commission published a Joint Communication on a European Economic Security Strategy
The objective of this session is to take stock of progress 18 months after the publication of the Communication of the Commission on Open strategic autonomy and to identify further priorities for the next Commission.
Points of discussion
- What do we mean by open strategic autonomy in finance? How “autonomous” is the EU’s financial sector today? How can the EU’s open strategic autonomy contribute to strengthening long-term European economic security? How can we ensure that Europe’s abundant savings provide more domestic funding for the European economy (eg investing in EU equities etc.)?
- What are the key drivers to deliver European financial autonomy by the end of the decade? What are the priority areas where the EU’s financial autonomy should be reinforced and why?