ECON – Financial services cooperation with the Biden Administration: hearing – 13.07.21 – NEW
The Committee on Economic and Monetary Affairs will hold a public hearing with experts in order to acquire insight on recent developments in the US in the field of banking and financial services, on 13 July. The hearing will also touch upon the prospects for future cooperation in this field, including in the context of international institutions and fora.
The Committee on Budgets and the Committee on Economic and Monetary Affair will hold their second Recovery and Resilience Dialogue with Valdis Dombrovskis, Executive Vice-President for an Economy that Works for People, and Economy Commissioner Paolo Gentiloni, on 14 July. The debate is expected to focus on the Commission’s assessment of national recovery and resilience plans submitted by Member States.
The Committee on Development will discuss the global humanitarian and food security situation with UN World Food Programme Executive Director David Beasley, on 13 July. According to the latest Global Report on Food Crises, the number of people facing acute food insecurity and needing urgent assistance hit a five-year high in 2020. The debate will feed into the Committee’s work on an upcoming report on food security in developing countries.
The Hungarian OTP Bank Group has signed an agreement to acquire an outright stake in NKBM, Slovenia’s second largest bank, to become the leading banking player on the Slovenian market. OTP acquired the bank from Apollo, a US private equity…
During its July plenary session, Parliament is set to discuss the Committee on Budgetary Control’s report on the control of the European Investment Bank’s financial activities in 2019. The report highlights the role of the Bank in financing the European Green Deal, and its gradual shift towards being ‘the EU Climate Bank’. It also looks into the implementation of the European Fund for Strategic Investments (EFSI) and the Bank’s external operations, among other things. As last year, the report strongly emphasises the need for more integrity, transparency and accountability, stronger external scrutiny and reinforced mechanisms to fight fraud and corruption.
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