Europe holds vast reserves of private savings—yet these resources are not being fully channelled toward the continent’s most pressing investment needs. Addressing this mismatch lies at the core of proposals for a Savings and Investments Union, as powerfully outlined in recent reports by Enrico Letta and Mario Draghi.
To unlock this potential, Europe must strengthen its bank-based financing model while building deeper, more integrated capital markets. This dual approach is critical to financing the green and digital transitions, boosting competitiveness, and expanding defence and security capabilities. The urgency is rising—and so is political alignment across the EU, including from the new German government, which has signalled its intention to play a stronger leadership role.
Yet key questions remain:
- What concrete steps are needed to move forward?
- How can the separate policy agendas of the Banking Union and the Capital Markets Union be better aligned?
- And how can national and EU-level measures be made to work in concert?
We are delighted to invite you to join us on Tuesday, 10 June 2025, for a high-level discussion featuring two key figures in financial sector supervision:
Claudia Buch, Chair of the Supervisory Board of the European Central Bank (ECB)
Verena Ross, Chair of the European Securities and Markets Authority (ESMA)
Together, we will explore how banks and capital market actors can drive the creation of a true Savings and Investment Union—and what policy and institutional shifts are needed to make it a reality.
The hybrid event will take place in English and is opened by Cornelia Woll, President of the Hertie School, with moderation by Johannes Lindner, Co-Director of the Jacques Delors Centre.
We are looking forward to your participation in an exciting discussion with two distinguished guests. Please make sure to register!
