SUERF - The European Money and Finance Forum

Venue

European Stability Mechanism
6a, Circuit de La Foire Internationale
L-1347 Luxembourg
& online via Microsoft Teams

Format

hybrid, Luxembourg

Date

Thursday, April 3, 2025

Friday, April 4, 2025

In cooperation with

Registration

Motivation
Europe faces a growing array of extreme risks that could significantly impact its economic stability, social cohesion, and geopolitical standing. From climate-related disasters to geopolitical conflicts, and from financial crises to technological risks and disruptions—events that were previously rare (the “Rare Disaster Events” as in Barro, 2006) now could become more frequent and possibly more intense. This event will bring together leading experts from academia, industry, government, and the financial sector to appraise, address, and communicate about extreme risk events and their possible consequences. The workshop aims also at discussing Europe’s readiness to face these risks and the policy architecture needed to enhance its resilience, drawing on European and international experiences.

Organising Committee: Giovanni Callegari (ESM), Ernest Gnan (SUERF), Jacob Funk Kirkegaard (Bruegel), Rolf Strauch (ESM), Jeromin Zettelmeyer (Bruegel)

Program

Time

Thursday, 3 April 2025

10:30

Welcome and Introduction Remarks

Pierre Gramegna, Managing Director · European Stability Mechanism (ESM)

11:00

Academic Session 1

TBA

12:30

Lunch

13:15

Academic Session 2

TBA

14:45

Academic Keynote

Markus Brunnermeier, Edwards S. Sanford Professor of Economics · Princeton University

15:30

Coffee

16:00

Academic Session 3

TBA

17:30

End - Day 1

Time

Friday, 4 April 2025

09:00

Keynote Speech

Catherine Eunice de Vries, Professor of Political Science · Bocconi University

09:45

Policy Panel 1: Extreme Geopolitical Risks: Is Europe Ready for a Fragmenting World Order?

Moderator: Jacob Kirkegaard, Senior Fellow · Bruegel

Simon Evenett, Professor of International Trade and Economic Development · University of St Gallen

Harold James, Professor of History and International Affairs · Princeton University I SUERF Fellow

Jana Puglierin, Senior Policy Fellow · German Council on Foreign Relations (DGAP)

Klaus Regling, Former Managing Director of the European Stability Mechanism (ESM)

11:15

Coffee

11:45

Policy Panel 2. Financial Stability in the Age of Black Swans - Preparing for the Unknown

Moderator: Cornelia Holthausen, Director General Macroprudential Policy and Financial Stability · European Central Bank (ECB)

John Berrigan, Director General · European Commission, DG FISMA

Jesper Berg, Senior Advisor · Rud Petersen I Non-Resident Fellow · Bruegel

Jon Danielsson, Director, Systemic Risk Centre, Department of Finance · LSE I SUERF Fellow

Nicolas Veron, Senior Fellow · Bruegel I Senior Fellow · PIIE

13:15

Lunch

14:15

Policy Panel 3: The European Crisis Response Framework - Challenges and Opportunities

Moderator: Ernest Gnan, Secretary General · SUERF

Elke Konig, Former Chair of the Single Resolution Board (SRB)

Lucio Pench, Non-Resident Fellow · Bruegel

Mahmood Pradhan, Head of Global Macro · Amundi Investment Institute

Rolf Strauch, Chief Economist and Management Board Member · European Stability Mechanism (ESM)

15:45

Closing Remarks

16:00

End - Day 2

Tags:

(Geo)Politics and economic history Climate change, Energy and Finance Financial stability, regulation and supervision Fiscal policy, public finances