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Growth challenges in the CEE region in the current Russia-Ukraine war and macroeconomic context  

Day 1 Morning

Wednesday 07 September

Room :



Mario Nava
Director General - DG for Structural Reform Support, European Commission
Public Authorities
Łukasz Czernicki
Chief Economist - Ministry of Finance, Poland
Līga Kļaviņa
Deputy State Secretary on Financial Policy Issues - Ministry of Finance of the Republic of Latvia
Peter Palus
Member of the EFC/EWG, Head of the Financial Unit - Permanent Representation of the Slovak Republic to EU
Debora Revoltella
Chief Economist - European Investment Bank (EIB)
Industry Representatives
Munir Nanji
Chief Executive Officer & CEE Cluster Head - Citi
Tomáš  Salomon
Chief Executive Officer - Česká spořitelna, a.s.

Objectives of the session

The objective of this session is first to discuss the economic challenges that the CEE region is facing in terms of economic growth and financing and how growth prospects are expected to evolve in the coming years. This part of the discussion will consider both structural challenges (related to e.g. the availability of skills, the structure of financing in the region, the effectiveness of public finances…) and additional challenges brought by the Russia-Ukraine war and the post-Covid context.

Secondly, the panel will debate the possible initiatives and measures for fostering economic growth and resilience in the CEE region (EU initiatives, regional actions…), their expected impacts and what actions may be needed to enhance the effects of these initiatives or complete them.

Points of discussion

  1. Current economic situation in the CEE region and growth challenges: What are the main structural economic growth and financing model challenges that the CEE region is facing and how are these evolving following the pandemic? What further challenges does the Russia-Ukraine war bring from an economic growth perspective? What are the key opportunities that the CEE should endeavour to seize in a future recovery context?
  2. Measures and initiatives needed to relaunch growth in the CEE region: Can the growth model challenges of the CEE region be effectively addressed with the EU and regional policy initiatives underway (NGEU, CMU, digital and green EU policies…)? What additional policy or industry-led actions may be needed? Does the Russia-Ukraine war context require changes or additions to these initiatives?