The International Conference: Towards a Savings & Investment Union will bring together some of the most influential voices in EU financial markets, investor protection, and regulatory policy.
🎧 EU Finance Podcast alert!
This month we talk to Andrea Beltramello, Head of @EU_Commission's resolution and deposit insurance unit, about reforming the banking crisis management & deposit insurance framework within the EU’s banking union. #CMDI
🎙️ https://t.co/UU0XDmNDjT
🇪🇺🤝🇰🇪 SIGNED! We’ve sealed our historic Economic Partnership Agreement with #Kenya.
I was honoured to conclude this Agreement in June with President @WilliamsRuto & team👇
It will deliver real opportunities both in EU & Kenya after today’s signature attended by @vonderleyen
More good news: @Europarl_EN and @EUCouncil have agreed the Insurance Recovery and Resolution Directive.
We now have EU-level rules on what happens if an insurer fails: protecting consumers, taxpayer money & financial stability.
Congratulations @MarkusFerber & @eu2023es
#IRRD
We will not waver in supporting #Ukraine to victory & ensuring European security.
🇪🇺 Member States will keep their doors open to Ukrainians fleeing Russia’s brutal war.
We'll work with 🇺🇦 to rebuild it as a modern, prosperous country.
🇺🇦's future is in our Union. #SOTEU
#SOTEU: We're open to competition but not to unfair practices. That's why we’re launching an investigation on Chinese e-vehicles.
I will travel to China next week to engage on trade & economic opportunities/challenges.
We want to keep dialogue open; to de-risk, not decouple.
#EUTrade deals matter more than ever at a time of geopolitical shifts. They deliver secure supply chains, good jobs & prosperity.
We have delivered deals with:
✅Chile
✅Kenya
✅New Zealand
By the end of 2023, we want to deliver:
🇦🇺Australia
🇲🇽Mexico
🌎Mercosur
#SOTEU
EU is proud to have world's largest:
✅Single market
✅Trade deal network
As geopolitical tensions grow, we want to partner with more democracies - like India - for prosperity & fair trade.
Listening to businesses - big & small - is vital to get it right- @g20org#B20India
It was a pleasure to meet my counterparts from 🇦🇷, 🇧🇷 , 🇵🇾, 🇺🇾.
We are all determined to work towards concluding the
EU-Mercosur Agreement by end-2023, resolving outstanding issues to address each others’ goals & priorities.
#EUCELAC
Read-out 👉 https://t.co/ecVe2tHtB5
Access to Critical Raw Materials is a shared challenge.
There is now a golden opportunity to forge more win-win partnerships with resource-rich Latin American countries, as the EU diversifies supplies.
My remarks at #EULAC Business Roundable: https://t.co/PaUEn8sQ4I
As we move to a digital economy, adapting money to reflect digital age is the logical next step.
A #DigitalEuro would be secure, instant and convenient - available to all, with strict data privacy.
My opinion piece with @ECB’s Fabio Panetta here
👇
https://t.co/JWnpZi1cwK
Data and data-driven innovation offer great opportunities in the financial sector.
More data sharing, under clear EU rules, would allow people to access products & services that:
📌suit their specific needs
📌offer more choice
📌boost product innovation
#openfinance
💶People’s preferences are changing in how they want to pay.
With digital payments more common than before, the euro should also adapt to the digital age.
A #DigitalEuro would complement cash but not replace it - cash will continue to be fully available.
‼️Another deal reached today - on the Central Securities Depositaries Regulation. A key reform to make our financial market infrastructures even more efficient.
Congratulations to @jvanovertveldt and @sweden2023eu
Great news 👏 on agreement to finalise post-crisis reforms of 🇪🇺 banking regulation.
Implementing Basel rules faithfully while accounting for EU specificities will make our banks more resilient to future economic shocks and ensure banks can continue funding the EU economy.
Good to meet Andrew Bailey, Governor of the @bankofengland to discuss
current economic challenges, interaction between monetary and fiscal policies and cooperation between EU 🇪🇺 and U.K. 🇬🇧 in financial services sector.