The Swiss Finance Council has just published a Discussion Paper: ‘The EU & its Partners: Defending Open Markets in Challenging Times’.
Open markets and multilateral cooperation have long been a central plank in Europe’s post-war economic development. Today, however, with many of Europe’s economies not yet recovering as hoped, and growing support for populist politics, a retrenchment from open markets threatens to undermine this framework that has served Europe so well. Europe is thus at a critical juncture, not least in respect of the challenges facing the evolution of its banking sector and capital markets. Against this backdrop, the SFC’s discussion paper offers a number of policy suggestions to help reap the economic benefits for the EU from cooperation with key partners.
The Discussion Paper was presented during our conference in Brussels on 24 February. The presentations and speeches as well as a copy of the study can be downloaded on our Website (www.swissfinancecouncil.org).
This is the first of a series of initiatives the SFC will be undertaking to encourage debate and discussion, support policy-makers and legislators, and provide a platform for all who share an interest in the key economic and financial relations between the EU and its partners, with a special focus on Switzerland.