Lithuania welcomes the Eurofi Financial Forum

03 September 2013, Last updated at, 10:03 EEST
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Vilnius, August 30. The Eurofi Financial Forum will be held in Vilnius on September 12-13 in association with the Lithuania‘s Presidency of the Council of the European Union.

"The Eurofi Financial Forum is a unique event, generating ideas for solutions we are taking to ensure the financial stability of Europe. We express our gratefulness to Jacques de Larosiere, the soul of Eurofi, for the opportunity to contribute to the organization of the event in Vilnius. A lot of issues on the agenda are directly related to the priorities of Lithuania's Presidency in the financial services area. I have no doubt that constructive debate will continue also at the informal Ecofin meeting, which will take place the next day“, - Lithuanian Finance Minister Rimantas Šadžius said.

High level representatives of the public sector, central and well known commercial banks, business associations as well as politicians and independent financial experts will discuss on improving the resilience of the financial sector to foster EU economic recovery. Among the issues on the agenda –the development of the Banking Union and related expectations, the Bank Recovery and Resolution framework, long-term financing of investments for economic growth, including investments in infrastructure and small and medium-sized enterprise as well as other issues.

The Eurofi Financial Forum in Vilnius is organized by Eurofi in cooperation with the Ministry of Finance of the Republic of Lithuania, the Bank of Lithuania and Investors Forum. It is expected that the event will be attended by more than 500 participants. The event of such scale and importance is organized in Lithuania for the first time.

About Eurofi

Eurofi is the European Think Tank, dedicated to financial services its main objectives are to help industry and public decision-makers reach a common understanding of possible evolutions required in the regulation and supervision of financial services and to open the way to legislative or industry-driven solutions that may enhance the safety and effectiveness of the EU financial sector.

Since the year 2000 Eurofi is chaired by Jacques de Larosiere, a former Governor of Central Bank of France (1987-1993), Managing Director of International Monetary Fund (1978-1987), the President of European Bank for Reconstruction and Development (1993-1998). He is also the member of G30, an international body of leading financiers and academics.



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