The European Bank for Reconstruction and Development (EBRD) and the Association for Financial Markets in Europe (AFME) held the Joint Seminar: “Opportunities and challenges in developing capital markets in Central and Eastern Europe” on Tuesday 21 November (12.30-14.00) in Brussels.
By Q2 2018, the European Commission is set to propose a comprehensive EU strategy on steps that can be taken at EU level to support local and regional capital markets development across the EU. The Joint Seminar will address key hurdles to capital markets development in the CEE region and identify priority policy measures that could be considered in the Commission’s strategy.
Key questions were:
- What are the challenges and opportunities in developing capital markets in the CEE region?
- How can policy actions and support programmes contribute to enhancing local and EU ecosystems, and what is the role of the development banks?
- How do the EBRD and the EU cooperate in developing capital markets, including within the Capital Markets Union and the SRSS?
- What is EBRD’s role in developing the covered bonds market in the CEE region?
- What should be included in the 2018 EU strategy?
- André Küüsvek, Director for Local Currency and Capital Market Development (LC2), EBRD
- Maarten Verwey, Director General, European Commission Structural Reform Support Service (SRSS)
- Martin Spolc, Head of Unit, DG FISMA, European Commission
- Boguslaw Sieczkowski, Executive Vice-President & Chief Operating Officer, Selvita
- Ivo Balen, Head of Markets in Croatia, Unicredit
Representatives from EU and Member State authorities, MEPs and assistants, corporates and SMEs, investors, banks, trade associations and stakeholders with an interest in the CEE region.