President - EUROFI
Director General, DG Budget - European Commission
State Secretary - Federal Ministry of Finance, Germany
Director General of the Treasury - Ministry of the Economy, Finance and the Recovery Plan, France
Ricardo Mourinho Félix
Vice-President and Member of the Management Committee - European Investment Bank (EIB)
Director General of the Treasury - Ministry of Economy and Finance, Italy
Chair, ECON Committee - European Parliament
Director General for Economic Policy, Financial Markets and Customs Duties - Federal Ministry of Finance, Austria
Chairman of the Corporate and Investment Bank EMEA - J.P. Morgan
The objective of this session is to discuss to what extent this EU fiscal deal will address the economic priorities resulting from the pandemic and the weaknesses of the Monetary Union amplified by the Covid-19 crisis and the ways to tackle the major threats to the effectiveness of this EU package.
Points of discussion
- To what extent will the EU’s new €750 bn recovery fund contribute adequately to addressing the economic priorities resulting from the pandemic and the weaknesses of the Monetary Union, amplified by the Covid 19 crisis, thereby enhancing long-term productivity gains and sustainable growth in EU economies?
- What are the major threats to the effectiveness of this EU package? Will the Member States be able to absorb and spend well the Economic Recovery funds and on time? How to ensure that the Next Generation EU recovery instrument will focus on the essential EU economic priorities (domestic structural reforms and sustainable investment)? What are the key success factors (e.g. robust governance) to ensure that EU financing will effectively contribute to increasing medium term sustainable growth…)?