COVID-19 in CEE and Europe’s neighbourhood: Do we need a Vienna Initiative 3.0?
How is the Vienna Initiative evolving to respond to the crisis caused by COVID-19?
Speakers
Pierre Heilbronn
Vice President, Policy and Partnerships, European Bank for Reconstruction and Development
Boris Vujčić
Governor, Croatian National Bank,
Piroska Nagy Mohacsi
Programme Director, the Institute of Global Affairs, London School of Economics (LSE),
Mark Le Gros Allen
Fellow, CASE,
video & audio recordings
Vienna Initiative is a public-private platform, established during the 2008/9 financial crisis to ensure orderly deleveraging of Eurozone-based banks from Central, Eastern and South-East Europe (CESEE).
The focus of the Vienna Initiative has shifted over time and most recently when the COVID-19 crisis prompted the Vienna Initiative to re-focus on crisis response and its coordination role. Among many challenges arising from the current crisis, the main activities of Vienna Initiative are focused on ensuring that IFI product offering is better tailored to the needs of private banking groups, harmonising regulatory responses and accounting treatment to the extent possible, and improving liquidity conditions in CESEE, with particular emphasis on non-EU countries.
Related content
The macroeconomics of decarbonisation
At this event we will launch the book "The Macroeconomics of Decarbonisation: Implications and Policies"
What visions for Europe? Unpacking EU parties’ economic strategies
The EU elections are around the corner. What economic plans are the parties advocating for?
Halftime for the European Union’s recovery fund: is the glass half full or half empty?
How has the RRF performed at its halfway point in terms of implementation, results orientation and additionality for future EU funding instruments?
Visions for Europe: Economic expert debate for the 2024 EU elections
Bruegel and the Financial Times partnered up to host a debate featuring representatives from EU political parties on EU economic issues