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Home Banking Private equity can rebuild the economy and its reputation, International role of the euro

Private equity can rebuild the economy and its reputation, International role of the euro

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Private equity can rebuild the economy and its reputation, International role of the euro

Thursday 9 July 2020  –  Vol.11 Ed.28.4

Commentary: Private equity can rebuild the economy

By Chris Papadopoullos in London

Equity, not debt, will be key to pump-priming the British economy and revitalising businesses. Large businesses can issue bonds and stocks, an expensive process out of reach for small firms. Small firms also struggle to borrow from banks, which want security and reliable cash flows. What small firms need is equity. The smaller sectors of private equity are focused on helping promising companies grow. Private equity can help businesses reopen and recover.

Read the full commentary on the website.

Meeting: International role of the euro

Monday 13 July, 11:00-12:00 BST

Following the European Central Bank´s annual review on the international role of the euro, Hans-Joachim Klöckers, director general for international and European relations at the ECB, outlines key trends and determinants affecting the euro´s international role. He focuses on the challenges and opportunities in growing the euro’s role as an international currency, especially with regards to deepening economic and monetary union and establishing a capital markets union.

Request to attend the meeting.

 

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