Upholding Europe’s sovereignty: strong defence, integrated markets and renewed growth
Bruegel’s 20th anniversary event in Berlin, jointly organised with the German Federal Ministry of Finance
Speakers
Rebecca Christie
Bruegel Senior Fellow
Lars Klingbeil
Federal Minister of Finance, Federal Ministry of Finance, Germany
Stephanie Lingemann
Vice President Air, Helsing
Eckart Meyer-Höper
Deputy Director Innovation and Cyber, Federal Ministry of Defence, Germany
Ulrich Ostholt
Chief Investment Officer, Generali Deutschland AG
Fatima Pires
Deputy Director General International and European Relations, European Central Bank
Dirk Schmitz
Managing Director, Country Head of Germany, Austria and Eastern Europe and CEO, Blackrock Asset Management Deutschland AG
Moritz Schularick
President, Kiel Institute for the World Economy
Vendeline von Bredow
Senior Germany correspondent, The Economist
Jeromin Zettelmeyer
Bruegel Director
Agenda
Check-in
13:30-14:30Event coordinator: Melinda Crane-Röhrs, Journalist and moderator
Agenda
Fireside chat (in German, interpreted in English)
14:30-15:10- Jeromin Zettelmeyer, Bruegel Director
- Lars Klingbeil, Federal Minister of Finance, Federal Ministry of Finance, Germany
Agenda
BMF Dissertation Award
15:10-15:15- Armin Steinbach, Bruegel Non-resident Fellow (on leave for public service)
- Lars Klingbeil, Federal Minister of Finance, Federal Ministry of Finance, Germany
Agenda
Session 1: Fostering growth and innovation: driving forward the Savings and Investments Union
15:15-16:15- Chair: Rebecca Christie, Bruegel Senior Fellow
- Fatima Pires, Deputy Director General International and European Relations, European Central Bank
- Jeanette Schwamberger, Member of the Board
- Dirk Schmitz, Managing Director, Country Head of Germany, Austria and Eastern Europe and CEO, Blackrock Asset Management Deutschland AG
- Ulrich Ostholt, Chief Investment Officer, Generali Deutschland AG
Europe’s quest to strengthen its economic sovereignty will require a strong and thriving economy that fosters innovation. Deeper capital markets will help entrepreneurs keep their best ideas in Europe by providing financing for not only start-ups but fast-growing companies that need to scale up, and too often head across the Atlantic for better access to funding. Meanwhile households do not always have the right environment to save and invest for their futures.
So how can Europe unlock investment markets to finance growth and innovation? What would make the single market work better, and how do we assess proposals like simplifying financial market regulation, a 28th regime for corporate law, improved financial supervision, and adapting long-term pension savings into a more dynamic investment engine?
Agenda
Coffee break
16:15-17:00Agenda
Session 2: Europe’s defence: Optimising spending and spurring growth
17:00-18:15- Chair: Vendeline von Bredow, Senior Germany correspondent, The Economist
- Stephanie Lingemann, Vice President Air, Helsing
- Eckart Meyer-Höper, Deputy Director Innovation and Cyber, Federal Ministry of Defence, Germany
- Moritz Schularick, President, Kiel Institute for the World Economy
Europe faces two formidable economic challenges in relation to its defence buildup. First, how to spend most efficiently, maximizing military capability for every public euro. Second, how to use defence spending to raise innovation and growth.
The panel will look at both sides of this coin. How can we enhance European production and the efficiency of defence spending in Europe, while closing capability gaps, for example by strengthening joint procurement as well as research and development? What is needed to ensure innovation in defence and create spillovers for civil use? How do we strengthen the European defence market, foster entry and competition, and create new European jobs in technological frontier areas?
Agenda
Concluding remarks
18:15-18:30- Armin Steinbach, Bruegel Non-resident Fellow (on leave for public service)
- Jeromin Zettelmeyer, Bruegel Director
Watch livestream here
Bruegel is coming to Berlin to engage with the local stakeholders on the most pertinent issues on both national German level and the pan-European level. At this event, we will take an in-depth look at two core topics: the Savings and Investment Union and Europe’s defence industry. The two are linked by their relation to economic growth. In order for European business landscape to thrive, it is necessary to unlock the potential of investment markets, to empower business and households alike. On the external front, Europe has to strengthen its defence. In doing that, it is crucial to optimise the spending while simultaneously use it to raise innovation.
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.
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