Europe’s policymakers want the financial industry to become more resilient and competitive to contribute to a stronger Europe. But new lawmakers at the European Parliament and Commission, along with a new president at the European Central Bank and the U.K.’s expected departure, make the future policy hard to predict. At the same time, several EU member states face daunting budgetary pressures, needing to keep debt under control while funding innovation, the fight against climate change and a social welfare model whose costs keep increasing. What will it take to make Europe’s financial sector more resilient and sustainable? This is the main theme for this year's summit.
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