Each year, the European Commission (EC) and the European Central Bank (ECB) organise a joint high-level conference on European financial integration and stability. This year’s conference will devote specific attention to the international role of the euro. Other sessions will focus on the challenges to EU banking and capital markets in the digital age.
EC Vice-President Valdis Dombrovskis and ECB Vice-President Luis de Guindos will give keynote speeches at the conference. Key policymakers, financial market and industry leaders, and renowned academics will discuss the international role of the euro and challenges to banking and capital markets in several high-level panel sessions.
The European Commission is the executive body of the EU and runs its day-to-day business. It is made up of the College of Commissioners, 27 European Commissioners, one for each member state, who are each responsible for one or several policy areas. In addition, the 'Commission' also refers to the entire administrative body that supports the Commissioners, consisting of the Directorates-General and the Services.
The European Commission is the sole EU body capable of proposing new legislation. The Commission also performs an oversight function, monitoring whether European legislation is properly implemented in the member states. In the event of non-compliance, the Commission can coerce a member state to comply by starting a legal procedure at the European Court of Justice.