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Venue

National Library of Latvia
Mūkusalas iela 3, Riga

Format

hybrid, Riga

Date

Wednesday, October 2, 2024

In cooperation with

Latvijas Banka’s Economic Conference 2024, organised in cooperation with SUERF  – The European Money and Finance Forum, will bring together internationally renowned experts to discuss the development prospects of the financial sector and its contribution to economic growth. An efficient financial sector plays a crucial role in sustainable economic growth, channelling savings into productive investments. This flow of funds fuels innovation, business expansion, and job creation. Countries with more sophisticated financial sectors consistently experience faster and more sustained economic growth. But what defines an optimal financial sector? Can a one-size-fits-all approach work? Is the euro area financial sector equipped to meet the needs of the modern economy? What steps can the euro area, including Latvia, take to promote access to finance? Answers to these and other critical questions will be sought at the Latvijas Banka and SUERF conference.

Program

Time
Wednesday, 2 October 2024
09:00
Conference opening
Mārtiņš Kazāks, Governor of Latvijas Banka
Valdis Dombrovskis, Executive Vice-President, European Commission
09:20
Keynote Address

Bridging the gap: reviving the euro area’s productivity growth through innovation, investment and integration

Luis de Guindos, Vice-President, European Central Bank
09:30
Panel Discussion | From Riga to Brussels to Wall Street: Examining the Differences of Financial Architecture

The session will focus on the diverse financial landscapes in the euro area and beyond and the ways forward to unlocking the development potential.

Moderator: Michala Marcussen, Group Chief Economist I Head of Economic and Sector Research, Société Générale I SUERF
Luis de Guindos, Vice-President of the European Central Bank
Karel Lannoo, CEO of Centre for European Policy Studies (CEPS) Is the euro area ready for green transition and digitalization challenges?
Tatyana Panova, Head of the Capital Markets Union Unit in DG FISMA Uniting for prosperity: The journey towards integrated EU capital markets
10:50
Coffee Break
11:30
Openning Remarks
Mārtiņš Kazāks, Governor of Latvijas Banka
11:40
Panel Discussion | Banking for Prosperity: Towards Stronger and More Inclusive Growth Through Increased Integration and Competition

The focus of this session will be on the structural differences impeding further financial integration and equitable access to finance within the euro area.

Moderator: Jens Eisenschmidt, Managing Director and Chief Economist, Europe, Morgan Stanley
Claudia Buch, Chair of the Supervisory Board of the European Central Bank
Gonzalo Gasós, Senior Director of Prudential Policy and Supervision at the European Banking Federation The future of cross-border banking in a fragmented Europe
Mārtiņš Kazāks, Governor of Latvijas Banka
Gediminas Šimkus, Governor of Lietuvos bankas Building a healthy financial sector
13:15
Closing Remarks
Mārtiņš Kazāks, Governor of Latvijas Banka
13:30
Lunch