On 26 October 2020, the “Sustainable, Long-term investments & Competitive European Industry Intergroup” in the European Parliament held its inaugural conference. Overseen by Vice-President Frans Timmermans, this launch event focused on the necessary steps which the EU needs to prioritise in order to become more green, digital and resilient.
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Launch of the “Sustainable, Long-term investments & Competitive European Industry" Intergroup in the European Parliament
European Court of Auditors Event - ELTI on Panel
Detailed Agenda
On 15 October 2020, the European Court of Auditors (ECA) is hosting an online virtual event entitled “Boosting Investments in the EU through Financial Instruments & Technical Assistance in times of Crisis - Lessons Learned from the European Court of Auditors”.
ELTI Secretary-General Helmut von Glasenapp will feature as be a panelist in the third session, namely in the discussion concerning ‘Crowding-out: “Is the EIB crowding out private market finance?’. This panel will be moderated by ECA member Leo Brincat.
ELTI Position Paper: Next Generation EU & Factsheets
ELTI Position Paper: Next Generation EU & Factsheets (Enterprises, Health, Renovation Wave & Territorial Development)
The European Council agreement in July 2020 marks a step forward in European construction. The European idea is thereby reinforced. It also sent contradictory signals with less means for European instruments managed by the European Commission.
Against this background ELTI invites the colegislators to take into account the following considerations mentioned its position paper and factsheets, published on 16 September 2020.
ELTI Partners with Sustainable Investment Forum Europe 2020
Register for Free | View the Agenda
ELTI is pleased to be partnering with Sustainable Investment Forum Europe 2020, organised by Climate Action in partnership with UNEP-FI.
This year the event is going virtual with a 'Europe-focused' month dedicated to responsible investment.
The Virtual Forum will take place across four dates; on the 8th, 11th, 15th and 22nd September, so you can view the sessions live or on-demand in your own time, and network with other attendees using our virtual event platform.
PMV (Belgium) joins ELTI
PMV (Belgium) joins ELTI
Participatiemaatschappij Vlaanderen NV, Belgium (PMV) joined the European Association of Long-Term Investors (ELTI) at the beginning of July 2020. Together with National Promotional Banks and Financial Institutions (NPBIs) from all over Europe, ELTI now represents 32 members from 21 European Member States as well as Turkey. ELTI members have a combined balance sheet of more than EUR 1.800 billion. They are key partners for their national governments and the European Institutions as well as the European Investment Bank (EIB) Group.
Overview of NPBI instruments against the economic impact of the Coronavirus (COVID-19) outbreak
AECM, ELTI & NEFI Position Paper - Overview of measures against the economic impact of the Coronavirus (COVID-19) outbreak
Updated 17 June 2020
After the outbreak of the Covid-19 pandemic and the decision of most governments in Europe (as well as other continents) to prioritise “social distancing”, it immediately became clear that these decisions will have a significant impact on the global economy. All governments are reflecting how to support self-employed, solo-entrepreneurs, SMEs on to mid-caps and globally-acting conglomerates, airports and healthcare systems as well as companies in the fields of export, tourism and in many other areas. European Member States also introduced completely new measures with the Maastricht criteria becoming less of a priority.
'Investing in the Long-term' by ELTI President Laurent Zylberberg
Investing in the Long-Term
Featured in the April 2020 edition of the EUROFI magazine, ELTI President Laurent Zylberberg expresses his views on the long-term vision of investment and the role of National Promotional Banks and Institutions (NPBIs).
Slovak Investment Holding (SIH) joins ELTI
Slovak Investment Holding (SIH) joins ELTI
The Slovak Investment Holding (SIH) joined the European Association of Long-Term Investors (ELTI) at the beginning of April 2020. Together with National Promotional Banks and Financial Institutions (NPBIs) from all over Europe, ELTI now represents 31 members from 21 European Member States as well as Turkey. ELTI members have a combined balance sheet total/assets under management, of more than €1.7 trillion. They are key partners for their national governments and the European Institutions as well as the European Investment Bank (EIB) Group.
Opinion - Virus: long-term investment must be maintained
Face à l'urgence, préservons l'investissement de long terme (FR)
Virus: long-term investment must be maintained (EN)
by MEP Dominique Riquet and ELTI Chairman Laurent Zylberberg
The current public health crisis has come at a time when persistently low interest rates, large amounts of available liquidity, nationalist retrenchment and the challenges posed by climate change require major efforts to transform our ecosystems.
The first steps to be taken are those urgently needed to address immediate needs: as a result, all efforts must be made to ensure that funding continues to flow within the economy. However, this should not distract attention from the ongoing need to invest for the long term. If our economy were a car, then it has broken down and we need to repair and probably overhaul it to prevent the same problem happening again, as well as refuelling it, which is the role of finance. However, it will all be for nothing if we stop building roads for it to drive on!
NPBIs ready to fight the COVID-19 economic crisis
ELTI Position Paper - NPBIs ready to fight the COVID-19 economic crisis
The European economy needs support in the current crisis situation. There is a chance to soften the impact of the economic downturn but companies require liquidity immediately and the financing of investments should be continued simultaneously.
The European Union and the Member States have an efficient network of promotional banks and institutions. Today, they have been asked to show their mettle. Promotional instruments should address the needs at national, regional and local levels. National Promotional Banks and Institutions (NPBIs) are best prepared to provide the necessary support on the ground. The first instruments are already working.