Speech: Gov. G. Matolcsy (Central Bank Hungary)
CEE region growth and financing challenges in the current macroeconomic and geopolitical context (impacts of EU and regional initiatives, future priorities)
Objectives The objective of this session is first to discuss the opportunities and challenges facing the CEE region in terms of economic growth and financing resources, and how growth prospects are expected to evolve in the coming years. This part of the discussion will cover both structural factors (e.g. related to the region’s growth model, … Continued
Priorities for the insurance sector in the next political cycle
Objectives The main objectives of the session are to define key success factors for addressing future challenges and strengthening public-private partnerships. The session will also identify evaluate the effectiveness of the Solvency II framework over the past decade, analyze the insurance sector’s resilience to macroeconomic shocks, and discuss regulatory adaptations for emerging risks like cyber … Continued
Pension gaps: what more can the EU do? (demographic challenges, Pillar I reforms, measures to develop Pillars II and III pension products)
Objectives This session will first take stock of the challenges facing the EU in relation to pensions and the improvements that can be expected from reforms and measures adopted at Member State and EU level. It will also discuss the additional measures that may be needed at EU level to improve the sustainability and adequacy … Continued
Sustainability risks in the banking sector: major operational challenges
Objectives The session will first focus on describing the current state of play operationalising sustainability risk approaches and strategies. It will then focus on anticipated regulatory evolutions, and outline where the financial sphere stands regarding data access in the context of forthcoming CSRD outcomes. Points of discussion: What are the operational challenges for the banking … Continued
Opening Remarks: M. Varga (Min Finance & President Ecofin Council)
Addressing the widening economic competitiveness gap between the EU and US (Draghi & Letta reports conclusions, structural measures needed at EU and member state levels)
Objectives Over the past 25 years, the European Union (EU) has accumulated a significant economic performance gap with the rest of the world, in particular with the United States (US). One of the most striking aspects of this gap is the persistent difference in growth, productivity and investment levels. The global financial crisis of 2008, … Continued
EU Priorities for the 5 next years in the banking and financial services area
Objectives The economic gap between the European Union and its main global competitors, in particular the United States, has widened since 2008 in terms of innovation, productivity and growth. Furthermore, European banking and capital markets remain fragmented within the EU despite the EU initiatives of the past decade. In such a context, the session will … Continued