Past Event

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?

Date: June 24, 2020, 4:00 pm Topic: European Macroeconomics & Governance

video & audio recordings

Bruegel · COVID-19 in CEE and Europe’s neighbourhood: Do we need a Vienna Initiative 3.0?

 

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.

Schedule

Jun 24, 2020

16:00-17:30

Conversation

Chair: Thomas Wieser, Non-resident fellow

Pierre Heilbronn, Vice President, Policy and Partnerships, European Bank of Reconstruction and Development

Mark Le Gros Allen, Fellow, CASE

Piroska Nagy Mohacsi, Programme Director, the Institute of Global Affairs, London School of Economics (LSE)

Boris Vujčić, Governor, Croatian National Bank

Speakers

Thomas Wieser

Non-resident fellow

Pierre Heilbronn

Vice President, Policy and Partnerships, European Bank of Reconstruction and Development

Mark Le Gros Allen

Fellow, CASE

Piroska Nagy Mohacsi

Programme Director, the Institute of Global Affairs, London School of Economics (LSE)

Boris Vujčić

Governor, Croatian National Bank

Location & Contact

Bruegel, Rue de la Charité 33, 1210 Brussels

Matilda Sevon

[email protected]

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