WebEx
The COVID pandemic is confronting many firms with existential liquidity and solvency threats. Governments and regulators have swiftly responded, among other things, with credit guarantees and moratoria. Measures have evolved from the first to the second wave of the pandemic. This workshop brings together policy makers, credit guarantee banks, retail banks, corporate sector representatives, credit monitoring agencies, economic think tanks and academic researchers to (1) discuss and compare experiences and best practices, (2) identify short-term challenges and possible solutions, (3) evaluate potential long-term consequences – positive and negative – from such schemes (4) derive policy conclusions, also with a view to incentivizing structural change to the post-COVID economic environment.
Organising committee: Ernest Gnan (OeNB and SUERF), Friederike Koehler-Geib and Vivien Lo (KfW)
Keynote: Government firm rescue measures during the COVID-19 crisis - Creating the basis for a strong and sustainable recovery
Ingrid Hengster, Member of the Executive Board, KfW presentationFinancial stability implications of COVID-19 support measures
Tuomas Peltonen, Deputy Head of the European Systemic Risk Board Secretariat presentationCovid-19 and business support programmes in Germany: achievements, challenges, lessons
Jakob von Weizsäcker, Chief Economist, Federal Ministry of Finance presentationCOVID 19 and Firm Rescue Programmes. France Experience
Baptiste Thornary, Chief Economist, Head of Macro Analysis and Impact Assessment Unit, BpiFrance presentationCorporate Liquidity and Solvency in Europe during the Covid-19 Pandemic: The Role of Policies
Laura Valderrama, Senior Economist, European Department, IMF presentationInsolvency and debt overhang at the Time of COVID-19: risks and policy responses
Luiz de Mello, Director, Policy Studies Branch at the Economics Department of the OECD presentationImpacts due to Covid-19 on SMEs, indicators, economic policy decisions
Patrik-Ludwig Hantzsch, Head of Economic Research, Creditreform presentationFrom emergency support to green and digital transformation
Outi Slotboom, European Commission, DG for Internal Market, Industry, Entrepreneurship and SMEs presentationPromoting digitization
Monika Schnitzer, Professor, LMU Munich I German Council of Economic Experts presentationCorona Crisis – A Chance for Digital Transformation?
Irene Bertschek, Head of the ZEW Research Department “Digital Economy” presentation
