Good morning, ladies and gentlemen.
It is a pleasure to open the final day of the 2025 International Monetary Conference. This conference gathers a diverse group of financial leaders from around the world. This diversity is essential and enriches our dialogue on challenges and opportunities.
During the sessions, we have discussed key issues like geopolitical changes and technological transformations. We live in a time of constant change, where we must seek opportunities and make progress.
Our European plan for progress focuses on a more competitive economy and a European Savings and Investments Union, announced on March 19th. This project aims for an integrated and efficient financial system that meets the needs of society and investors.
Europeans are good savers but invest insufficiently in capital markets. By encouraging a shift in mindset, we aim to unlock more capital for innovation and growth.
We strive for more efficient markets with equal treatment for all financial market participants. The work on the Savings and Investments Union has already started and will kick off in mid-June with proposals on securitisation.
Banks play a crucial role in the European economy, as entry points to the broader financial ecosystem. We expect banks to invest more in digital capabilities and green finance to strengthen their competitive edge.
The green transition is an economic necessity, and banks must contribute to this long-term vision. Europe is striving for a future with more competitiveness, security, and sustainability.
Thank you.