Background and objective of the session As the CSRD complements the NFRD, the regulatory landscape on sustainability disclosures becomes clearer for corporates and gets closer to the aim of the EC to raise non-financial reporting to the magnitude of financial reporting. However, despite this craze for ESG metrics it seems that ESG assessments by financial … Continued
Objectives of the session The role of cash is being challenged by digitalisation. Central Banks are trying to propose an attractive modern form of money to citizens and firms, while they seek consolidating their role and sovereignty on monetary policy and trying not endangering financial stability. In this context a group of central banks, together … Continued
Objectives of the session More than 20 years after the introduction of the euro, many private and public initiatives be they technical of legislative, e.g., SEPA, EPC, ABE, TIPS, EPI, PSD, … have been heading toward further integrating the EU retail payment market. However, at present a large proportion notably of cross border payments in … Continued
Objectives of the session Like open banking for payments, access to data and financial services is expected to open a wide range of possibilities for third parties and financial institutions to improve the response to consumers’ real financial needs. The Digital Finance Strategy in Europe describes open finance as one of its foundations. The experience … Continued
Objectives of the session This session will identify the main the reasons why the level of productive investment has been lowered in Europe over the past decade compared to other parts of the world (United States, China, Japan) and discuss the impact of Next Generation EU for accelerating the EU economic recovery. Then, speakers will … Continued
Objectives of the roundtable European fiscal rules, as enshrined in the Stability and Growth Pact, are currently suspended to allow governments to fight the economic fallout from the pandemic. Under current plans, these fiscal rules will be enacted again in 2023 and the EU Commission should put forward its SGP reform proposals in the coming … Continued
Objective of the session The Covid crisis has exacerbated existing fiscal, economic, productivity, and current account imbalances across EU Member States (see Eurofi Macroeconomic scoreboard). This makes finding consistent EU policy making much more problematic. Furthermore, the limited financial flows between eurozone countries lock in per capita income dispersion in the euro area. This session … Continued