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On the first day of the new year, Croatia assumed a six-month rotating presidency of the Council of the European Union. The start of the Presidency will be officially marked on 9 January 2020 by the arrival of the European Commission members in Zagreb and a concert at the Croatian National Theater. The international presidency of the Croatian Presidency will be held in Brussels on 15 January.
The European Association of Public Banks (EAPB) held its Evening Reception and General Assembly in Brussels on November 28 and 29. Mr. Philippe Mills, EAPB President and CEO of SFIL opened the Annual Reception. He stressed that the ECB has called policy-makers to do more for growth through the use of public finance. Public banks can be part of the answer to that call as they are tasked by their stakeholders to precisely promote growth through investments in local SME and their capacities to export products internationally as well as by investing in the necessary transport, public infrastructure, energy and digital equipment across Europe. Public banks are a cost-effective way of using this public finance.
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