Events

Policy debate with Margarida Marques, Vice chair of the Committee on Budgets (BUDG), European Parliament, on the upcoming Mid Term Review of the Multiannual Financial Framework and a second set of new own resources for the EU budget.

The ECO Section organizes this public hearing to discuss on the current framework on resolution and insolvency, supervision, and bank deposit insurance scheme, and its reform. This event will bring institutional actors and civil society. Its conclusions will feed the work on the EESC opinion on the reform of the bank crisis management and deposit insurance framework.

Brexit has created significant challenges for policymakers in the European Union (EU), in particular in the financial sector, as the UK is now outside its regulatory framework. The EU-UK Trade and Cooperation Agreement includes a very thin financial sector chapter and constitutes a limited basis for regulatory cooperation. The panelists will discuss recent trends in financial sector regulation across the Channel, including divergence between the EU and the UK, and the threats posed by this divergence for financial stability and the risks of further fragmentation.

The European Economic and Social Committee (EESC) will be producing an own-initiative opinion on the main challenges faced by EU islands and mountainous and sparsely populated areas, which is scheduled for adoption at the EESC's September plenary session. In this context, the EESC, along with the Conference of Peripheral Maritime Regions (CPMR) and the North Sweden European Office (NSEO), will be holding a public hearing in Umeå (Sweden) on 4 May 2023 entitled "Challenges and opportunities that the digital and energy transitions present to the northern sparsely populated areas and islands. How can these regions become drivers for growth and development?". The hearing is an event under the Swedish Presidency of the Council of the EU.