The 2007-08 Global Financial Crisis prompted governments to rescue banks with billions of taxpayers’ money and restore confidence to the finance sector. Hardly noticed by the public, central banks across the globe had to intervene massively to keep the markets liquid and prevent another financial crisis at the onset of the Corona pandemic. In the shadow of these crises, public and private debt levels have reached historic heights. Now, the war in Ukraine and persistent inflation are putting the economy under enormous pressure and provoke the question: How stable is the EU financial system? Is there reason to be optimistic? Or should we rather prepare for the worst? What are consequences for the regulatory agenda of the EU and the actions of supervisors?
1. Introduction by Johannes Lindner, Co-Director of the Jacques Delors Centre
2. Panel discussion, moderated by Katharina Gnath, Bertelsmann Foundation
- Moritz Schularick, University of Bonn, Director Macro-finance lab
- Cornelia Woll, President Hertie School
- Carsten Frank, Head of unit for debt and government bond markets at the Federal Ministry of Finance
- Gabriel Makhlouf, Irish Central Bank
3. Q&A session with the public