With 16 events covering all aspects of investment in Europe, Invest Week 2016 generated vigorous debate about Europe’s economic future. Hundreds of delegates heard from notable speakers including Jyrki Katainen, Vice-President and European Commissioner for Jobs, Growth, Investment and Competitiveness, Carlos Moedas, European Commissioner for Research, Science and Innovation, Anthony Gardner, US Ambassador to the EU, David Rubenstein, co-CEO and co-Founder, The Carlyle Group, Frédéric Mazzella, Founder of BlaBlaCar, MEPs Burkhard Balz, Dominique Riquet, Michael Theurer, Jans Olbrycht and Dr Kay Swinburne, Invest Europe CEO Michael Collins and many more.

 

Here are some of the main messages that came out of the broad ranging discussion. You can read more about each event on investweek.eu.

 

  1. Most European business indicators are positive for 2017, but business confidence remains fragile there due to recent geopolitical uncertainties such as Brexit.

  2. The EU must become a more attractive location for investment, above all by completing the Single Market. It should also accelerate CMU, stimulate productive capital, and get rid of financial regulatory obstacles and red tape.

  3. A long-term investment funding gap is hampering the EU. Solutions include tapping the European Fund for Strategic Investments (EFSI), boosting real estate investment, and developing a pan-European venture capital fund of funds, pan-European personal pension plans, and financial products with elements of risk such as private equity or venture capital.

  4. US companies will continue to invest heavily in Europe, attracted chiefly by the benefits offered by the EU Single Market.

  5. Europe’s risk-averse culture must be addressed through better financial education and more transparency about financial products.

  6. Europe needs to avoid the ‘brain drain’ by funding growth as well as innovation.

Invest Week 2016 – key takeaways