4th European Financial Congress

The participants of the 4th European Financial Congress held in Sopot between 23th and 25th of June have identified key challenges that stands upon Poland and Europe. Polish and European lawmakers received European Financial Congress Recommendation with practical solutions elaborated during the conference meetings and debates.

This year for the first time European Financial Congress program has been extended with the topic of energetic security. Participants agreed during three-day discussions that energetic security, along financial stability and innovations are crucial components of political integration and competitiveness of European markets.

That agreement has its reflection in the biggest achievement of this meetings, 4th European Financial Congress Recommendations . “The main distinction of the European Financial Congress from other conferences is that Congress works over the whole year preparing grounds for solutions that will resolve challenges faced by Poland and Europe” – summed prof. Leszek Pawłowicz, Director of Gdańsk Banking Academy and Vice-president of the EFC co-orginizer IBnGR.

During the last day of the Congress voice of the young generation was particularly important. The Recommendation considering close cooperation between business and academic environment was presented by a member of European Financial Congress Academia. Thanks to the Academia, around one hundred students from Poland and Ukraine could meet and discuss with polish business leaders. The Academia, started this year, will be present in the upcoming years. “Congress strength was always capability of combining different perspectives into the best solution. Voice of Youth complement EFC perfectly” says Mateusz Morawiecki, Chairmen of the Board of West Bank WBK, patron of Academia.

Six out of ten Recommendation of EFC 2014 are ready and available on Remaining Recommendations will be reviled on 9th of July, after the meeting of Program Board of European Financial Congress.

  • When and if countries outside the euro zone should join banking union? – update of a statement from EFC 2013
  • Energy commodity exchange for energetically security of EU
  • The coordination of interventionism
  • Management over energy demand as an market-oriented solution for energy shortage
  • How to mobilize long-term national savings?
  • European Financial Congress Academia Recommendation

Eight debates occurred at the last day of the Congress as well. Participants discuss benefits of shale gas extraction, covered bond, grey markets, immigration policy and ownership structure in context of credibility and safety of Warsaw Stock Exchange. This year, European Financial Congress was concluded with the presentation about investment potential of Africa.