| 11.00 - 11.30 |
Welcome and Registration of Participants |
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| 11.30 - 13.00 |
SESSION I - After the meltdown: Are the flames really out? |
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Last autumn’s financial meltdown has developed into a full-blown global economic crisis, yet the spring is also bringing a new mood of cautious optimism. Consensus on a new financial architecture and regulatory approach appears to be building in the wake of the De Larosiere report to the EU and the G20 summit in London, raising hopes that the worldwide financial services sector can be “re-born”. How close are policymakers to agreeing on the basis of financial markets reform, and how sure can we be that the credit crunch is truly last year’s crisis? |
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| Introductory discussants include: |
- Joaquín Almunia, EU Commissioner for Economic and Monetary Affairs
- Pervenche Berès, Chairwoman of the European Parliament Committee on Economic and Monetary Affairs
- Klaus Gretschmann, Director General for Competitiveness & the Internal Market, Council of the European Union
- Jean-Pierre Jouyet, President of the Autorité des Marchés Financiers (AMF) and former French EU Minister
- Richard Portes, Professor of Economics, London Business School and President of the
Centre for Economic Policy Research (CEPR)
- Sir Nigel Wicks, Chairman of Euroclear
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| Moderated by Giles Merritt, Secretary General of Friends of Europe and Martin Dickson, Deputy Editor, Financial Times |
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| 13.00 - 14.00 |
Lunch |
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| 14.00 - 15.30 |
SESSION II - Future fireproofing: What alarm and sprinkler systems? |
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The challenge to public authorities around the world has been to cushion their economies against the impact of collapsing credit institutions and markets, while laying the foundations of a buoyant new financial system. Can this be designed so as to kick-start economic recovery without exposing businesses, governments and taxpayers to the same perils that created the present crisis? What sort of early warning devices should be imbedded into the new financial architecture? |
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| Introductory discussants include: |
- Daniel Daianu MEP, Member of the European Parliament Committee on Economic and Monetary Affairs and Rapporteur on the Report “Lamfalussy follow-up: Future Structure of Supervision”, former Romanian Finance Minister
- Charles Goodhart, Programme Director, Regulation & Financial Stability, London School of Economics (LSE)
- Georges Pauget, Member of the European Financial Services Round Table (EFR) & Chief Executive Officer of Crédit Agricole SA
- Dennis Snower, President of Kiel Institute for the World Economy
- Fernando Teixeira dos Santos, Minister of Finance, Portugal
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* to be confirmed |
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| Moderated by Giles Merritt, Secretary General of Friends of Europe and Martin Dickson, Deputy Editor, Financial Times |
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| 15.30 |
End of the Roundtable |
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| Please note that registration to the summit is closed. The Bibliothèque Solvay has reached its full capacity in terms of participants. |