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FINANCING
THE ECONOMY

“Increasing the diversity of financing will generate greater growth,
and improve the resilience of the financial sector.”

Wim Mijs
Wim MijsEBF CEO

Completing the Capital Markets Union is an important part of our strategy to boost investment in Europe, to strengthen the recovery and build our future economy.

Valdis Dombrovskis
Valdis Dombrovskis EU Commission Vice-President for Financial Stability, Financial Services and Capital Markets Union

We need strong financial markets to finance Europe’s growth and development.
We need more than ever a strong European Capital Markets Union.

Jyrki Katainen
Jyrki KatainenEU Commission Vice-President for Jobs, Growth, Investment and Competitiveness

FINANCING THE ECONOMY

BUSINESS FINANCE

MARKETS & INFRASTRUCTURE

GREEN FINANCE

While the European economy is slowly but steadily working its way out of the crisis, economic growth remains the principal challenge for Europe. Positive trends need to continue for the benefit of all EU citizens.

In the first three quarters of 2016, the seasonally adjusted GDP in the euro area rose by 1.7%, 1.6% and 1.6% respectively, while in the EU-28 it rose by a similar 1.8% in the first three quarters.

At the EBF, we focus on the role of finance in supporting growth. We examine the obstacles which currently prevent the wholesale markets from supporting growth and investment in Europe, and discuss with our members how these may be addressed. Growth and financing of real economy in Europe face structural challenges. Whilst some funding channels are currently working well (for large corporates for example), measures could be put in place to better meet demand through expanded capital markets funding. Other areas, particularly SME, infrastructure, commercial real estate and businesses in crisis-affected countries more broadly have significant funding challenges in many countries.

We aim at evaluating the major changes in market structure, technology and regulation that affect the ability of banks to serve their client companies and investors. We look at identifying proactive solutions that can improve the ability of banks to serve their core client groups.

For all banking business, the focus within the EBF Financing the Economy strategic theme is on the two ultimate ‘stakeholder’ groups of banks: companies and investors.

Find out more about how banks are driving Europe’s economic growth in Facts & Figures.

Our work in this area is divided into three topics: Business Finance, Markets and Infrastructure and Sustainable/Green Finance.

EBF FINANCING TEAM

Burçak Inel Martenczuk

Burçak Inel Martenczuk

Acting Head of Financial Markets
Daniele De Gennaro

Daniele De Gennaro

Policy Adviser - Financial Markets & Business Finance
Simon Pettinger Kearney

Simon Pettinger Kearney

Policy Adviser - Financial Markets