Highlights of Past Events - 2022

10/11/2022 – The Future of Transatlantic Finance with EU Commissioner McGuinness: The EU-U.S. Cooperation on Digital & Sustainable Finance

We had an engaging conversation with Mairead McGuinness, EU Commissioner in charge of Financial Stability, Financial Services, and Capital Markets Union at the New York Stock Exchange.

Commissioner McGuinness explained her priorities regarding sustainable finance including the EU’s plans to finance the transition to a more sustainable economy. We talked about how the EU addresses climate related risks and the impact of the current energy price hike on climate goals.

She discussed the latest European financial markets developments and gave an update on the ongoing EU-US financial regulatory cooperation to address the key challenges in the global financial markets. She also highlighted the role of financial innovation in creating a competitive financial sector and the need of a global approach to regulating crypto-assets. In addition to that, the EU Commissioner offered a state of play on the financial sanctions regime deployed against Russia and its economic impacts.

GUEST OF HONOUR:

  • Mairead McGuinness, EU Commissioner – Financial Services, Financial Stability and Capital Markets Union, EUROPEAN COMMISSION

In conversation with Lauren Silva Laughlin, REUTERS BREAKINGVIEWS

09/07/2022 – The Economic Impact of the Russian Invasion of Ukraine on the Global Economy

The EACCNY organized this event with the Directorate-General for Economic and Financial Affairs (DG ECFIN) at the European Commission to discuss Russia’s war of aggression against Ukraine and how it continues to negatively affect the global and the EU economy, setting them on a path of lower growth than expected and an uptick on inflation.

This in-depth update about the economic impact of the Russian invasion of its neighbor, Ukraine on the European economy, Russia itself, and the word economy. The discussion also included a detailed assessment of the situation in Ukraine, and how the European Union is working with the Ukrainian government to help them get back on their feet, once the war is over.

SPEAKERS:

  • Annika Eriksgaard, Director for International Economic Relations and Global Governance, DG ECFIN – EUROPEAN COMMISSION
  • Moreno Bertoldi, Acting Head of Unit – Advisor for International Economic and Financial Affairs, DG ECFIN – EUROPEAN COMMISSION
  • Yvonne Bendinger-Rothschild, Executive Director, EACCNY [moderator]

06/08/2022 – Lunch with Thomas Byrne, T.D., Minister of State for European Affairs, Ireland

The EACCNY partnered with the Consulate General of Ireland in New York to organize a working lunch with Minister Byrne to discuss transatlantic relations and opportunities for the EU and the United States.

GUEST OF HONOUR:

  • Thomas Byrne, Minister of Sate for European Affairs, Ireland

Fellow participants included other EACCNY members.

05/19/22 – Quarterly EU Economic Update: Forged in Crisis – How the War in Ukraine May Strengthen the European Union & the Transatlantic Relationship

The Russian invasion of Ukraine has unleashed a humanitarian crisis and a major macro-economic shock that fundamentally changes the global economic outlook. The EU is directly exposed to spillovers from the conflict, but the impact will be more pronounced for countries on its eastern border. Surging commodity prices, disrupted supply chains, and unprecedented trade and financial sanctions will all weigh on growth and push inflation higher in the near-term.

Join us and the EU Delegation to the US for an in-depth discussion of the challenges and opportunities facing the European economy. Our panel will begin with an update on the European Commission’s newly released Spring 2022 Economic Forecast, the first to factor in the war in Ukraine and associated sanctions on Russia.

We will then discuss the major challenges and opportunities facing Europe, covering a variety of possible scenarios and key questions facing policy makers:

  • What is the inflation outlook and how should policy makers respond?
  • How should the EU adjust its fiscal stance to deal with the impact of the war?
  • What policy tools are available to ease the uneven impact of the war and refugee inflow on different EU member states?
  • How are businesses likely to adapt their supply chains?
  • What are the main EU policy developments in the energy sector?
  • What does the war mean for the broader global economic and financial architecture that has been in place since World War Two?

SPEAKERS:

  • Balazs Parkanyi, Counsellor for Economic and Financial Affairs, EU DELEGATION TO THE UNITED STATES
  • Ben Carliner, Senior Economist, EU DELEGATION TO THE UNITED STATES
  • Sander Tordoir, Advisor to the ECB Representative to the IMF, EUROPEAN CENTRAL BANK
  • Yvonne Bendinger-Rothschild, Executive Director, EACCNY [Moderator]

04/08/22 – The Role EU and U.S. Competition Policy Can Play in the Era of Building Back Together

This event featured an in-person dialog with Olivier Guersent, Director-General at DG Competition (European Commission) and hear about the most current antitrust issues affecting European and American companies doing business across the Atlantic.

AGENDA topics included:

  • An overview of current issues in EU and US competition policy incl. progress being made via the Joint EU/US Technology & Competition Dialogue
  • The top policy issues in transatlantic technology sectors
  • How the pandemic changed antitrust policies in the EU and in the U.S.
  • Update on the EU’s Chips Act and transatlantic cooperation on semiconductor production
  • International or transatlantic co-operation on mergers
  • Key challenges for regulation in both the EU and U.S. digital economies incl. policy challenges in relation to IoT as well as privacy and data issues created by the “Metaverse”
  • How EU and U.S. competition policy and regulation can play a role in supporting the transition to low carbon economies?

SPEAKERS:

  • Olivier Guersent, Director-General at DG Competition, EUROPEAN COMMISSION
  • Peter Coy, Economics writer, THE NEW YORK TIMES Opinion [Moderator]

02/08/22 – Supply Chain Disruption: A Look Ahead

Join us for a discussion on the current Supply Chain disruptions & how to prepare now for the next major crisis.

Our experts will discuss what needs to change in global supply chain planning to prepare effectively for the next global crisis; whatever it maybe – financial, health or climate related. We will take a deep-dive into the dynamics of supply in the pandemic aftermath and offer a look ahead as well as steps companies can take to update their infrastructure to future-proof their systems & operations.

TOPICS:

  • The state of play: Overview of global trade developments and global trade volumes as compared to pre-pandemic levels with shipping and supply chains still being significantly disrupted
  • Logistic aspects: Lead indicators, shipping outlook, freight rates, effects on inventory restocking
  • The trade angle: Long-term forecasts for key countries, regulatory changes, trade policy challenges (US-China, tariffs, Brexit)
  • Opportunities & innovation: Digitalization, process adjustments, better forecasting
  • A look ahead: Risk mitigation strategies, long-term effect of climate change, rethinking supplier development

SPEAKERS:

  • Shanella Rajanayagam, Trade Economist, HSBC
  • Rupert Schlegelmilch, Director Directorate General for Trade, EUROPEAN COMMISSION
  • Gaurav Chhabra, Managing Partner, ALIXPARTNERS
  • Yvonne Bendinger-Rothschild, Executive Director, EACCNY

02/02/22 & 02/04/22 – Private Breakfast and Dinner with EU Commissioner for the Environments and Oceans, Mr. Virginijus Sinkevičius

To discuss the European Green Deal, and especially on issues related to sustainable finance, green bond standard, sustainability-related disclosure, as well as, changing how we produce and consume: Circular Economy business models and their development across the Atlantic.

Virginijus Sinkevičius-Breakfast
EU Commissioner of Oceans event