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🟡 This year, Latvijas Banka’s economic conference will focus on the key economic challenges the euro area is facing in the new geo-economic environment.Given the high degree of integration across European economies, these challenges have significant implications for the outlook of smaller Member States, including Latvia.
Particular emphasis will be placed on the policy actions needed to address these issues and their potential translation into tangible improvements in the daily lives of European citizens and businesses.
🗒️ Program:
🟡 10:00 Opening remarks | Mārtiņš Kazāks, Governor of Latvijas Banka
🟡 10:15 Keynote | Joachim Nagel, President of the Deutsche Bundesbank
The keynote speech will examine the most pressing challenges facing the German economy and their broader implications for the euro area. These include persistently weak productivity growth, rising risks of de-industrialisation, weakening business dynamism, and the economic impact of increased fiscal spending on defence and public infrastructure.
🟡 10:45 Panel discussion
The ensuing panel discussion will broaden the debate to cover the key economic challenges in the euro area, with a strong emphasis on policy responses and practical solutions. It will also connect the experiences of the euro area’s largest economies with the challenges and opportunities in the smaller euro area economies, such as Latvia.
MODERATOR
🌟 Andris Strazds, Head of General Secretariat at Latvijas Banka
SPEAKERS
🌟 Joachim Nagel, President of the Deutsche Bundesbank
🌟 Jeromin Zettelmeyer, Director of Bruegel
🌟 Roberts Zīle, Member of the Bureau, European Parliament
🌟 Klaas Knot, Member of the Systemic Risk Council CFA Institute, Distinguished Visiting Fellow Peterson Institute for International Economics
☕ 12:00 Coffee break
🟡 12:30 Keynote | Maria Luís Albuquerque, EU Commissioner for Financial Services and the Savings and Investments Union
The keynote will elaborate on the role of the financial sector in supporting the economic and structural adjustments needed to address the challenges highlighted in the first panel discussion, with particular attention to the practical implications for businesses and households. The address will also illustrate how fragmentation in financial markets shapes the everyday economic decisions made by firms and households.
🟡 13:00 Panel Discussion
The subsequent panel discussion will focus on the ongoing and potential initiatives to strengthen the integration of the European financial system. It will link complex financial sector reforms to the everyday experiences of European citizens, illustrating what market fragmentation means in practice for households and small businesses, and how proposed reforms could improve their daily economic lives.
MODERATOR
🌟 Kārlis Vilerts, Head of the Research Division at Latvijas Banka
SPEAKERS
🌟 Maria Luís Albuquerque, EU Commissioner for Financial Services and the Savings and Investments Union
🌟 Alfred Kammer, Director of the European Department at the International Monetary Fund
🌟 Agnès Bénassy-Quéré, Deputy Governor of the Banque de France and member of the Bruegel board
🌟 TBC
🟡 14:05 Closing remarks | Mārtiņš Kazāks, Governor of Latvijas Banka
🟡 14:20 Lunch
📆 Registration will open on 21 September.
🔗 Stay tuned for updates: https://conference.bank.lv/
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Event venue
Latvijas Nacionālā bibliotēka "Gaismas pils", Mūkusalas iela 3,Riga, Latvia
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