MFF in a new era: how to finance competitiveness, security and other European Public Goods
Bruegel’s 20th anniversary event in Rome, jointly organised with the Ministry of Economy and Finance
Speakers
Fabrizio Balassone
Deputy Head of the Department of Economics and Statistics, Banca d'Italia
Riccardo Barbieri Hermitte
Director General of the Treasury, MEF, Italy
Roberto Cingolani
CEO, Leonardo
Franco Federici
Lieutenant General, Military Advisor to the President of the Council of Ministers
Camille Grand
Secretary General, Aerospace, Security & Defence Industries Association of Europe
Daniel Gros
Director of the Institute for European Policymaking, Bocconi University
Fabio Pammolli
Advisor to the MEF, Politecnico di Milano
Timo Pesonen
Director-General, European Commission, DG DEFIS
Eulalia Rubio
Senior Research Fellow, Jacques Delors Institute
Dario Scannapieco
CEO and MD, Cassa Depositi e Prestiti
Gelsomina Vigliotti
Vice President, European Investment Bank
Jeromin Zettelmeyer
Bruegel Director
Agenda
Check-in
14:00-14:30Agenda
Opening remarks
14:30-14:45- Riccardo Barbieri Hermitte, Director General of the Treasury, MEF, Italy
Agenda
Session 1: MFF for European Public Goods and the challenge of competitiveness
14:45-16:00- Chair: Fabio Pammolli, Advisor to the MEF, Politecnico di Milano
- Zsolt Darvas, Bruegel Senior Fellow
- Daniel Gros, Director of the Institute for European Policymaking, Bocconi University
- Eulalia Rubio, Senior Research Fellow, Jacques Delors Institute
- Dario Scannapieco, CEO and MD, Cassa Depositi e Prestiti
- Gelsomina Vigliotti, Vice President, European Investment Bank
Agenda
Coffee break
16:00-16:15Agenda
Session 2: MFF for defence funding
16:15-17:30- Chair: Fabrizio Balassone, Deputy Head of the Department of Economics and Statistics, Banca d'Italia
- Roberto Cingolani, CEO, Leonardo
- Franco Federici, Lieutenant General, Military Advisor to the President of the Council of Ministers
- Camille Grand, Secretary General , Aerospace, Security & Defence Industries Association of Europe
- Timo Pesonen, Director-General, European Commission, DG DEFIS
- Jeromin Zettelmeyer, Bruegel Director
At this event, held in Rome, we examined how the reform of the post-2027 Multiannual Financial Framework (MFF) can make the EU budget more effective and strategic. With the current budget capped at about 1% of GNI, the EU struggles to address growing pressures such as security risks, competitiveness challenges, and the green-digital transitions. The aim of the discussion was to bring together policy experts to consider how the EU budget can be reformed to better deliver on European priorities. Key themes included: how to strengthen investment in European Public Goods through stable own resources and potential EU borrowing; how to boost competitiveness with tools like a stronger InvestEU and a new Strategic Competitiveness Fund; finally, how to ensure sustainable defence financing in response to geopolitical challenges.
The event was not livestreamed, but the recording is available afterwards.
In the frame of Bruegel's 20th Anniversary celebrations we are organising a series of events in our members states, to bring important European conversations to the capitals and hear views from national policy makers and experts on potential challenges and solutions.
You can see all of Bruegel's 20th Anniversary news and activities on our dedicated page.