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Seminar on the “Next Generation EU Recovery Plan”



Seminar on the “Next Generation EU Recovery Plan”

As part of the Italian Festival, the Bank of Italy in collaboration with the Embassy of Italy in Singapore organized on Thursday, 16 June 2022 at 8:00 am, at the Tower Club, a seminar on "National Recovery Plans and Resilience", aimed at implementing the Next Generation EU Recovery Plan, reserved for financial operators and investors.

During the first session, opened by the Italian Ambassador to Singapore, Mario Vattani, Justyna Lasik (European Union Delegation - Head of Economic & Trade Section), François Haas (Banque de France - Chief Representative for Asia-Pacific region) and Pietro Ginefra (Bank of Italy - Senior Director Financial Attaché Embassy of Italy) who illustrated the Plan. The Next Generation EU Recovery Plan is an 806.9 billion euro initiative launched to help EU member countries and Italy overcome the economic difficulties created by the COVID-19 pandemic and transform European economies by creating job opportunities and making Europe and Italy greener, more digital and more resilient.

In the second session, after a presentation by Omar Slim (PineBridge Investments - Managing Director, Portfolio Manager, Fixed Income) on the "current conditions of financial markets", Amit Malik (Standard Chartered Bank Singapore Ltd - Head, Markets Products Specialist, Credit, Capital Markets Products and Solutions, Wealth Management), Teck Leng Tan (Phillip Capital Management - Deputy CIO, Senior Fund Manager) and Radhika Rao (DBS - Executive Director, DBS Group Research, Macro Economist) opened the debate which was attended by leading figures of the investment and wealth management companies in Singapore.