Past Event
Cyprus: Financing the Recovery
As Cyprus looks ahead to post-bailout growth, what lessons have been learnt from the crisis and subsequent bank restructuring?
In the framework of our 10th anniversary celebrations, Bruegel is organising a series of events in the capitals of our member states. These debates, talks and conferences will bring crucial European topics to audiences across the continent.
As Cyprus looks ahead to its exit from the Troika rescue package, it is obvious that for a strong recovery the real economy will need healthy access to finance. Yet caution is imperative, as the crisis began in Cyprus’ banking sector. What lessons have been learnt from the crisis and subsequent restructuring? How can the Cypriot financial sector regain its independence and contribute to stable and sustainable growth?
This event is being hosted at the University of Cyprus is cooperation with the Cyprus Ministry of Finance. This is an invitation-only event.
Event Materials
Marios Clerides – Presentation
Sofronis Clerides – Presentation
Vincenzo Guzzo – Presentation
Michael S. Michael – Presentation
Dirk Schoenmaker – Presentation
Nicolas Véron – Presentation
Schedule
09.00 - 09.30
Registration and Coffee
09.30 - 10.00
Welcome
Harris Georgiades, Finance Minister of Cyrprus
9.45 - 11.00
Cyprus: Banking sector lessons from restructuring and current challenges
Chair: Nicolas Véron, Senior Fellow
Marios Clerides, Former chairman of the Cyprus Securities and Exchange Commission (CySEC)
Michael S. Michael, Professor, Department of Economics, University of Cyprus
Vincenzo Guzzo, IMF Resident Representative in Cyprus
11.00 - 11.30
Coffee Break
11.30 - 12.40
Panel discussion and Q&A
12.40 - 14.00
Buffet Lunch
14.00 - 15.20
Cyprus: A sustainable business model for the financial sector
Chair: Libor Krkoska, Head of Office, European Bank for Reconstruction and Development
Dirk Schoenmaker, Non-Resident fellow
Nicolas Véron, Senior Fellow
Sofronis Clerides, Associate Professor at the Department of Economics, University of Cyprus and a research fellow of CEPR
15.20 - 15.45
Coffee Break
15.45 - 16.50
Panel Discussion and Q&A
16.50 - 17.00
Closing Remarks
Speakers
Sofronis Clerides
Associate Professor at the Department of Economics, University of Cyprus and a research fellow of CEPR
Harris Georgiades
Finance Minister of Cyrprus
David Green
Consultant on financial regulation
Vincenzo Guzzo
IMF Resident Representative in Cyprus
Libor Krkoska
Head of Office, European Bank for Reconstruction and Development
Michael S. Michael
Professor, Department of Economics, University of Cyprus
Dirk Schoenmaker
Non-Resident fellow
Nicolas Véron
Senior Fellow
Location & Contact
Matilda Sevón
[email protected] +32 2 227 4212