Credit Crunch and Late Payments - lunch time meeting
A Lunch Time meeting on Credit Crunch and Late Payments will take place in cooperation with Intrum Justitia on 27 November, 2008, 12:30 – 15:00 at CEPS, Place du Congres 1, Brussels.This is a joint event with the Centre for European Policy Studies, CEPS, think tank.
| What |
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| When |
27-11-2008 from 12:30 PM to 03:00 PM |
| Where | CEPS, Place du Congres 1, Brussels |
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One major concern in the aftermath of the financial crisis is the damage caused in particular to the SME sector - the most important source of growth and employment creation in the EU. The weakening of SME finances will not only be caused by bank financing shortage but also by the cash flow damage from payment delays on outstanding invoices. What can policy makers do to mitigate this problem?
Chairman: Erik Musch, Former Secretary General of the Basel Committee on Banking Supervision Former Chairman Global Financial Services Practice PwC.
Speakers:
- Gert-Jan Koopman, Director (European Commission, Economic and Financial Affairs DG, Economic Service and Structural Reform
- Othmar Karas, MEP, Vice Chairman, EPP-ED, Austria
- Michael Wolf, CEO of Intrum Justitia Group
- Representative from either OECD, IMF or EBRD* (To be confirmed)
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