​​​​​​​​​​​​​​​​​​ ​Boosting Investments in the EU through Financial Instruments
& Technical Assistance in times of Crisis
Lessons Learned from the European Court of Auditors' ​​(ECA) Reports

Thursday 15th October 2020     |    Online Virtual Event​


​​​09:30 – 10:00  Opening the Conference​​

​INTRODUCTION
  Annemie Turtelboom
Member of the European Court of Auditors
OPENING REMARKS
Klaus-Heiner Lehne 
President of the European Court of Auditors

​KEYNOTE ADDRESS
Lilyana Pavlova
Vice-President, EIB​

​​​​​10:00 - 11:00
SESSION I
The Benefits of Technical Assistance in Europe

 

PANEL DISCUSSION 1

Presentation from Moderator, Annemie Turtelboom

Member of the European Court of Auditors

INTERACTIVE POLL: QUIZ QUESTION FOR AUDIENCE


James Watson

Director for Economics, Business Europe

Koen Kennis

Chairman, PMV - Flemish promotional bank

                   

Jean-Marc Denis

Chairman of the Board, European Processor Initiative

                   

​Moderated by Annemie Turtelboom

Member of the European Court of Auditor​s​​

WRAP-UP   Q&A From Audience
DESCRIPTIONWhy is technical assistance so important for the EU today? What is the relationship between the European Investment Advisory Hub (EIAH), Member States, and the National Promotional Banks? We will discuss a case study of the EIAH's programme launched in 2018, which supported approximately 240 SMEs in Greece, Bulgaria and Romania with tailored business advice over a two-year period. The services provided enabled enterprises to access local and international consultancy services to improve their competitiveness.​
 
11:15 - 12:15
SESSION II Priorities and Geographical Balance for Technical Assistance

PANEL DISCUSSION 2

Presentation from Moderator, Annemie Turtelboom

Member of the European Court of Auditors

INTERACTIVE POLL: QUIZ QUESTION FOR AUDIENCE


Brian Kessler

Director, PWC


 

​Daria Goldstein

 Lead Counsel, World Bank Representation to the EU


 

Karl-Heinz Lambertz

President, Parlament der Deutschsprachigen Gemeinschaft Belgiens (PDG)​



Cristian Ghinea

Romanian MEP​​



 

​Moderated by Annemie Turtelboom

Member of the European Court of Auditors 

​ ​
WRAP-UP   Q&A From Audience
DESCRIPTIONTechnical assistance can help address geographical and sectoral imbalances within the European Union when it comes to investment and economic growth across regions. While most European Investment Advisory Hub assignments are in high priority sectors and Member States, few assignments relate to the priority sectors for the Member States with the highest advisory needs. How can a more proactive approach better target the overall unmet advisory needs? How can cooperation with partners improve geographical coverage?
 
13:00 - 14:00SESSION III
Crowding-Out: Is the EIB crowding out private market finance?

PANEL DISCUSSION 3

Presentation from Moderator, Leo Brincat

Member of the European Court of Auditors

 

INTERACTIVE POLL: QUIZ QUESTION FOR AUDIENCE


Pernille Henneberg​

VP Global Economics, Citigroup


 

Jorge Núñez Ferrer 

Senior Research Fellow, Centre for European Policy Studies


 

Bojan Ivanc

Chief Economist of Analytics at CCIS


 

Helmut von Glasenapp

Secretary-General, 

European Long-Term Investors Association (ELTI)


 

Moderated by Leo Brincat

Member of the European Court of Auditors 

​ ​
WRAP-UP ​
  Q&A From Audience
DESCRIPTIONIs the EIB doing the work of Banks? We discuss how to avoid crowding-out, exploring the balancing act of selecting projects which have the potential to attract co-funding yet which would otherwise not have been supported. Crowding in private investment requires the EIB Group to diverge from its characteristic of highly prudent lending practices. One of the key recommendations from the ECA Special Report on the European Fund for Strategic Investments was to promote the justified use of higher-risk EIB products under EFSI.
 
14:15 - 15:15
SESSION IV Future Challenges for Technical Assistance and InvestEU after the crisis
​​

PANEL DISCUSSION 4

Presentation​ from Moderator, Iliana Ivanova

Member of the European Court of Auditors

 

INTERACTIVE POLL: QUIZ QUESTION FOR AUDIENCE


 José Manuel Fernandes

Portuguese MEP


 

Luca Jahier

President, the EESC


 

Mika Pyykkö ​

Director, The Centre of Expertise for Impact Investing


 

Wilhelm Molterer

Managing Director, EFSI


 

Stefano Micossi

Honorary Professor, College of Europe


​Moderated by Iliana Ivanova

Member of the European Court of Auditors 

​ ​
WRAP-UP   Q&A From Audience
DESCRIPTIONBuilding on the successful model of the Investment Plan for Europe, the InvestEU Programme (2021-2027) brings together the EFSI and 13 EU financial instruments. The Programme aims to further boost investment, innovation and job creation in Europe by triggering at least €650 billion in additional investment. The four main policy areas support by InvestEU are: sustainable infrastructure; research, innovation and digitisation; small and medium businesses; and social investment and skills. We discuss the future challenges for this ambitious programme over the next 7 years.
 
​​15:15 - 15:30
CLOSING REMARKS​
 


Annemie Turtelboom
Member of the European Court of Auditors