Tackling Europe’s non-performing loans crisis: restructuring debt, reviving growth
How can we connect the different initiatives for NPL resolution and identify an agenda that is shared between EU, national authorities and the private
Speakers
John Berrigan
Director-General, European Commission, European Commission, DG FISMA
Corso Bavagnoli
Head of Department for Financing of the Economy, French Treasury,
Gert Jan Koopman
Director General, DG NEAR, European Commission
Maria Demertzis
Leader, ESF, The Conference Board Europe
Marco Buti
Bruegel Non-resident fellow
Reza Moghadam
Chief Economic Advisor, Morgan Stanley
Boštjan Jazbec
Governor, Bank of Slovenia,
Sharon Donnery
Deputy Governor, Central Bank of Ireland
Piers Haben
Director of Banking Markets, Innovation and Consumers, European Banking Authority (EBA),
Arne Berggren
Chairman of the Board Risk Committee, Bank of Cyprus,
Carola Schuler
Managing Director, Bank Analytics, Moody’s,
Julien Wallen
Managing Director, Blackrock,
John Davison
CEO, KKR/Pillarstone,
Iker Beraza
Chief Financial Officer, Sareb,
VÃtor Constâncio
Former Vice President, European Central Bank
Giorgio Gobbi
Head of Financial Stability Directorate, Bank of Italy,
TJ Lim
Deputy Chief Risk Officer, Unicredit Group,
Emanuele Rosetti Zannoni
Managing Director, Cerberus,
Brendan McDonagh
CEO, Nama,
Inês Drumond
Deputy Head, Financial Stability Department, Bank of Portugal,
Ajay Rawal
Partner, Ernst & Young,
Given a number of initiatives within the ECB, at EU and national level, NPL resolution has moved centre stage in the European policy discussions. Bank restructuring in key euro area countries in the context of the new resolution directive will need to rely on market-based solutions to distressed debt to a much greater extent.
The objective of the event was to connect the different initiatives in the banking, legal and restructuring fields, and to identify an agenda that is shared between EU, national authorities and the private sector.
This event was only open to a small number of selected invitees and Bruegel Members. The event was held under Chatham House rule.
by VÃtor Constâncio, Vice-President of the ECB