Call for Tender: EU-funded project “Shaping generative AI for a sustainable and fair services economy”
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Brussels, 17 February 2025 – Connect Europe, European Banking Federation and UNI Europa are commencing an EU-funded project “Shaping generative AI for a sustainable and fair services economy”.
This is a call for subcontractors to provide expertise as part of the project led by European social partner organisations of the audiovisual, banking and telecommunications sectors.
The project aims at improving the capacity of the European social partners and their member organisations of the audiovisual, banking, and telecommunications sectors to address the economic and social impact of the development and deployment of generative AI. One of the project’s work streams consists of assessing the impact of generative AI within and across the three sectors and to identify priorities for social dialogue aiming at mitigating adverse impacts and amplifying positive effects.
We are seeking external experts to assist the project partners in implementing concise sector specific and horizontal impact assessment based on existing research and publications. The project partners seek the following from experts:
- To carry out sector specific impact assessment to improve their understanding of the impact of generative AI in the audiovisual, banking and telecommunications sectors.
- To carry out a horizontal impact assessment to identify the common impact of generative AI.
Interested parties must submit their proposals to Sébastien Leclef, Director EU Projects at UNI Europa, by email no later than 16 March 2025. The selection process will be completed by 31 March 2025.
More details can be found in the project call for tender.
About the EBF:
The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere
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JOINT ARTICLE
European Banking Social Partners Commit to a Common Understanding on Remote Work
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Today, 7 December 2021, the European Banking Social Partners signed a Joint Declaration on Remote Work and New Technologies. The spread of the Covid-19 pandemic and the constantly increasing use of digitalised systems and processes led the Social Partners to reassess and appropriately update our approach to remote work in the European Banking sector.
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An adaptable pattern of remote work, which allows for both higher productivity and an improved work-life balance, is a key aspect of the current and future ways of working. Therefore, UNI Europa Finance together with the EBF’s Banking Committee for European Social Affairs (EBF-BCESA), the European Savings and Retail Banking Group (ESBG) and the European Association of Co-operative Banks (EACB), worked together to ensure that employees’ and employers’ interests are safeguarded in these continuously changing working environments.
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UNI Europa Finance President Michael Budolfsen said: “With remote work increasing at a rapid pace during Covid and beyond, it is opportune for the European Social Partners to come together to ensure this new way of working will stimulate a good work-life balance and not have a negative impact on the sector and its workers”.
UNI Europa Finance Director Maureen Hick added: “UNI Europa Finance welcomes the signing of this Joint Declaration and the commitment made today that remote work will not lead to any significant changes to bank employees’ rights and conditions and should be a topic of collective bargaining at all levels”.
Jens Thau, Chairman of EBF-BCESA, pointed out: “Banks and its employees have a strong track record of embracing new developments and putting them to work for their clients. The new Joint Declaration underscores the social partners’ commitment to responsibly shape this process of transformation.”
Michael Kammas, Vice-Chairman of EBF-BCESA highlighted: “The expertise of the Social Partners is pivotal when it comes to address new ways of working. This new Joint Declaration not only comes in the most appropriate time due to the pandemic and the continuous technological advancement, but it also shows the Social Partners’ ability to work together and agree on common approach encompassing all the significant aspects of Remote Work to ensure banks’ competitiveness and adaptability to the digitalized world of work.”
Peter Simon, Managing Director said for ESBG: “The Social Partners continuously strive for stable working conditions in accordance with the greater working situation. The Covid-19 crisis has escalated the need to establish good teleworking practices and adapt many roles to remote work. This Joint Declaration strengthens our commitment to employees to provide a secure environment”.
Nina Schindler, CEO of EACB explained: “The Social Partners’ agreement on the Joint Declaration on Remote Work is an effective and timely response to changes in working conditions. By signing this Joint Declaration, we demonstrate as the EACB our intent to safeguard the interests of European co-operative banks’ employees.”
The Social Partners have always proactively engaged with the effects of digitalisation. This new Joint Declaration builds on our previous commitments on Telework (2017) and on the Impact of Digitalisation on Employment (2018) by focusing on remote work as a specific type of adaptation to the way of working in the digitalised era. Understanding, shaping and keeping up with technological developments are very much at the heart of the European Social Partners’ approach in order to contribute to a strong and resilient banking industry.
To this end, the Social Partners have agreed to a common understanding regarding key aspects of remote work. These include collective trade union rights, health and safety, work-life balance, working hours and the right to disconnect, digital rights, resource and equipment costs, and access to training and career development.
This Joint Declaration on Remote Work and New Technologies is another significant achievement for the European Banking Social Partners, showing our continued commitment to engage together in current issues of common interest and adding our unique knowledge and contribution to the general debate on digitalisation.
About the European Banking Federation:
The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere.
Subscribe to the EBF Weekly + FinReg Agenda
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]]>FROM THE EUROPEAN BANKING FEDERATION:
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BOOSTING EUROPE
EBF recommendations for the 2019-2024 legislative policy cycle and beyond
BRUSSELS, May 2019 – To provide ideas and recommendations to policymakers, regulators and experts on the role of banks in the European Union for the next five years and beyond the European Banking Federation has published a manifesto that outlines the main regulatory priorities for the banking sector in the context of the upcoming 2019-2024 legislative policy cycle.
Click to download BOOSTING EUROPE as pdf.
As the voice of European Banks, the EBF and its members remain fully committed to supporting a more competitive and cohesive EU in the context of Europe’s great diversity. We believe that without a united and coordinated Europe, the most likely outcome would be more fragmentation, more protectionism and therefore underperforming economies to the detriment of citizens. The EBF is committed to help in supporting European economies so that European businesses and citizens are better served by banks. We have set out in this document the sector’s recommendations to address the key challenges Europe is currently facing.
Key recommendations:
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Banks as responsible partners to businesses and consumers
- Connect environmental, societal and financial goals
- Find new drivers to increase sustainable investments
- Financial literacy should be promoted as we believe it is an essential factor of the EU economic success
- Put more efforts in the fight against Financial Crime
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Build a true Digital Single Market
- EU’s competitiveness and consumer protection in the digital economy should be an EU’s top priority
- Adopt a holistic approach towards an EU data economy: data access and data sharing should be considered in a broader context than financial services
- Conduct a digital “fitness check” to grasp consumers’ and market participants’ expectations more thoroughly and guarantee that the legislation is fit for purpose in the digital era
- Banks should be seen as an indispensable partner for the completion of a truly Digital Single Market
- Deepen and upgrade cyber-security standards in the EU
- Enhance actions to address the social impact of digitalisation
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Enable banks to better serve the EU’s economy
- An appropriate transposition of Basel4 rules to avoid disproportionate increases in capital requirements for European banks is mandatory
- Remove the remaining obstacles on capital and liquidity circulation and reset the Capital Markets Union
- Maintain a diversified banking landscape
- Ensure a proper balance in taxation and tax compliance
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Achieve a stable and efficient regulatory framework
- Conduct a thorough analysis of the existing EU regulatory framework
- Complement this analysis with an in-depth examination of level playing field issues with non-bank competitors
- Address inefficiencies, overlaps and level playing field issues before proposing new regulations
To read the full document click on the link below or on the image above.
For more information:
Olivier Thomas, Public Affairs Representative
o.thomas@ebf.eu
+32 2 508 3712
Media contact:
Raymond Frenken, Head of Communications
r.frenken@ebf.eu
+32 2 508 3732
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BRUSSELS, 28 June 2018 – Financial crisis, the growth of digitisation, market changes, and a continuously increasing and complex EU regulatory regime have created new trends in banking sector employment. An overall shrinking financial services workforce, opportunities for older employees for a late career in the banking sector, a simultaneous significant decrease in hiring younger employees, and a majority of women employees in the EU banking industry, are the main conclusions of a new study from European banking industry social partners.
The results of a new European Commission-funded report presented today for the first time at the European Sectoral Social Dialogue Committee in Banking, analyses data that show an upward shift in the average age and education level among bank employees since the 2007-2008 financial crisis. Hiring for people aged 55-plus swelled by 35%. Meantime, workers hired under the age of 24 decreased by 38%, while hiring for those aged 25-39 dropped 19%. The trend slowed in the 40 to 50 age category, down just 5%.
Dr. Jens Thau, Chairman of the EBF-BCESA said: “The nature of the post-crisis job supply focus on high-skill labour is due to higher regulatory pressure. The trend is also caused by new technologies and regulation-driven business models and by stricter requirements on HR hiring procedures that make it more difficult to recruit early career workers. Competition from new players such as FinTechs compounds the pressure on hiring job seekers belonging to the younger age groups.
The committee, comprised of European social partners EBF-BCESA, ESBG and EACB as employers’ associations along with trade unions body UNI Europa Finance, also invited stakeholders to join the meeting to learn from the EU-funded study project on the impact of banking regulation on employment.
Shrinking workforce, branch network consolidation
The study calculated a drop of 444,200 employees in the EU28 banking sector in 2016 than in 2007. During that time period, the number of employees per branch increased due to branch bank consolidation caused, in part, by EU financial policy decisions and market trends such as digitisation. To cope with the digital ‘New Normal’, financial institutions are adjusting their business models to reach closer proximity to customers while reworking their branch network.
William Portelli, President of the Malta Union of Bank Employees (MUBE) and coordinator for the UNI Europa Finance banking social dialogue committee, said: “The implementation of overwhelming regulatory measures to mitigate the unwarranted circumstances created by the crisis demanded instant changes to job profiles due to risk and compliance requirements. Pillar 2 of the project could look at continuous personal and professional development as key to employment and growth in the finance sector, since it enhances the possibility of redeployment in wider areas of the industry, especially to those who cannot keep up with the new required skills.”
Overall job figures show employment level contraction in the fields of administration, head-office and retail and business banking. This is offset by expansion in banks’ compliance, IT and asset management ranks. The social partners said: “The amount of job losses does not reflect social partner efforts to mitigate the effect of cuts and the anticipation of change.”
Regulation affects bank employment practices
The study delves into the direct impact regulatory/supervisory policy has on banks’ hiring decisions. Qualitative information contained in the study, obtained from banking throughout the European Union, point to government austerity measures and constrained fiscal policy impacting employment policies. New and updated EU banking rules enacted since the financial crisis are also hitting both employers and employees alike. The social partners attribute the quick pace of rules being issued contributing to making compliance more difficult.
Women remain in EU banking staff majority
Women continue to make up the majority of the EU banking industry, made up of 54% women, and as much as 70% in some Central and Eastern EU countries. Part-time contracts attract women, leading to a higher percentage of them taking banking jobs. Qualitative data show that can be attributed in part to the flexibility offered by the sector in part-time contracts. Though there is always room for improvement, the glass ceiling shows cracks, with a gradual rise in higher-level posts for women.
The social partners concluded: “The telling hard numbers and qualitative insight shows a need to continue to better understand the relationship between financial sector regulation and employment. We should try to collect additional data in the second phase of the project in order to arrive to a more accurate basis for more specific conclusions.”
Survey methodology
International consultancy company Kantar was enlisted to carry out the data collection exercise, which aimed to gather statistical material on the banking industry such as data on the employment situation in the banking sector by country for the EU28. Data from 2016 was compared with 2013 and 2007, where available.
Contact: Raymond Frenken, EBF Head of Communications on +32 2 508 37 32 or at r.frenken@ebf.eu
About EBF
The EBF serves as the voice of the European banking sector, bringing together 32 national banking associations in Europe that together represent some 3,500 banks – large and small, wholesale and retail, local and international. Launched in 1960, the EBF is committed to creating a single market for financial services in the European Union and to supporting policies that foster economic growth and help achieve a thriving European economy and flourishing society.
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From left to the right Michael Kammas (EBF-BCESA Vice Chairman), EBF Sébastien de Brouwer (EBF Chief Policy Officer), Angelo di Cristo (UNI Finance Head of Departments), Pia Desmet (UNI Europa Finance Vice-President), Sebastian Stodulka (Head of Regulatory Affairs at ESBG), Michael Budolfsen (UNI Europa Finance President), William Portelli (UNI Europa Finance Coordinator of the Banking Social Dialogue), Jens Thau (EBF-BCESA Chairman), Maureen Hick (UNI Europa Finance Director)
The impact of digitalisation on employment in Banking sector:
A new Joint Declaration among European social partners
BRUSSELS, 4 December 2018 – The EBF’s Banking Committee on European Social Affairs (BCESA), as one of the social partners in the European social dialogue for the banking sector, signed on Friday 30 November the new “Joint Declaration on the impact of digitalisation on employment” together with other representatives of the banking sector in Europe and Uni Finance. The new declaration addresses the effects on employment of digitalisation and automation processes in the banking sector.
The social partners jointly work to address the opportunities and challenges of digitalisation in a positive manner, aiming to shape the digital transformation in a socially responsible way and create value for all stakeholders including shareholders, sector, employees, consumers and society in general.
Data protection and privacy, healthy working conditions and work-life balance together with the social dialogue are keys in order to shape the digital transformation of the banking sector.
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- Randal Quarles, Elke König and José Manuel Campa confirmed speakers
- Sustainable profitability and innovation in focus 2-3 October in Brussels
- EBF Cybersecurity Conference 1 October, Markets4Europe launch 2 October
- Programme: europeanbankingsummit.com
BRUSSELS, 17 September 2019 – Under the title ‘BUILDING A POSITIVE FUTURE FOR EUROPE’, the European Banking Federation will host its 2019 European Banking Summit on 2 and 3 October in Brussels. The summit is the EBF’s flagship annual high-level conference.
This year, the approximately 300 delegates that are due to attend will hear a range of views on all key aspects facing the banking sector, including the low levels of profitability, the fight against money-laundering, sustainable finance, innovation in payments and financial services, and upcoming changes in EU financial regulation.
In addition to EBF President and Unicredit CEO Jean Pierre Mustier, the list of confirmed speakers includes Dr Elke König, Chair of the Single Resolution Board; Randal Quarles, Chair of the Financial Stability Board and Governor and Vice Chair for Supervision, U.S. Federal Reserve System; Frank Elderson, Executive Director of the Dutch central bank and Chair of the Network for Greening the Financial System; José Manuel Campa, Chair of the European Banking Authority; as well as DG FISMA directors Mario Nava and Martin Merlin of the European Commission.
The two-day summit programme includes discussions and expert panels on the use of technology to fight financial crime, on open data in financial services, on innovation for responsible banking, and will conclude with a high-level panel looking ahead to the next five years in European banking.
Delegates and attendees are invited to delve deeper into specific aspects of banking during parallel sessions in the morning of 3 October. This programme includes sessions on the use of ‘RegTech’ in data reporting; on financing the circular economy; on fintech in sustainable finance; on cloud banking; and technology in retail banking.
This year’s summit will hear voices of a wide range of stakeholders in financial services. Speakers representing financial watchdogs, transparency groups and consumer advocates have been invited for a public dialogue with leading bankers on the role of banks in society.
Says Wim Mijs, Chief Executive Officer of the EBF:
“Banks are all about serving society with sound and stable financing for households and businesses. To properly run their own business, banks need to be profitable and sustainable. In a bank-financed economy like Europe this is important to understand. Dialogue – especially with those who have a different perspective – can foster that understanding. I much look forward to this discussion.
“The people in our industry in Europe are all keen to build a positive future. That’s why we – as EBF – work closely with EU regulators, legislators and other stakeholders every day again. This year’s European Banking Summit brings this all together.”
During the morning of Wednesday 2 October, the venue of the summit will be used for the launch conference of Markets4Europe, a European-wide private-public sector campaign aiming at proposing game-changing solutions to develop and integrate capital markets in Europe as part of the 2019-2024 EU legislative agenda. More information about this campaign is available via www.markets4europe.eu.
The annual EBF Cybersecurity Conference takes place on Tuesday 1 October, one day before the European Banking Summit. This event is the leading annual event in Brussels on cybersecurity in the financial sector. Field experts from banks, policymakers, supervisors and the ICT security industry come together to discuss the rapidly evolving cyber trends and challenges with a specific focus on banking. Special features this year include a deep dive on cyber resilience in the banking sector by leading international and European experts, and the digital priorities of the new European Commission. More information: https://www.ebf.eu/events/cybersecurityconference2019/
Media contact:
Journalists interested in interview opportunities during the European Banking Summit, the Markets4Europe launch and/or the EBF Cybersecurity Conference may contact:
- Nahuel Mercedes, Communications Officer, +32 474 981361, mercedes@ebf.eu
- Raymond Frenken, Head of Communications, at +32 496 525947, frenken@ebf.eu
About the European Banking Federation:
The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere. Website: www.ebf.eu Twitter: @EBFeu.
Subscribe to the EBF Weekly + FinReg Agenda
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JOINT PRESS RELEASE
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Pillar II project conclusion “The impact of banking regulation on employment”
BRUSSELS, 18 November 2020 – Since 2007, employment in the banking sector has experienced significative changes due to several factors including the 2008 financial crisis, the growth of digitalisation, market changes, and an increasingly complex EU regulatory framework.
The European Social Partners (UNI Europa Finance, EBF-BCESA, ESBG and EACB) therefore set out to analyse the positive and negative effects of changes in the European banking regulatory environment on employment in the sector.
Today at the final conference of the European banking social partners’ Pillar II project on “The impact of banking regulation on employment: Analysing best practice at European, national and company level and developing joint approaches through European Social Dialogue”, the project report was presented, analysing the positive and negative impacts of regulation on employment. This study also had the objective of exchanging and collecting good European, national, sectoral and company/multinational practices on how banks and their workers deal with the impact of regulation. It also lays down the foundations for a joint European Social Partner approach, which was discussed today.
“The tightening of economic environment and banking regulation, digitalisation, the entry of new competitors and concentration of banks put pressure on competitiveness and jobs,” said Dr Jens Thau, Chairman of the EBF-BCESA
According to the report, the overall result was that all topics are moderately to strongly influenced by regulation. The main impact was on employment levels in compliance, job profiles and workload.
Pia Desmet, UNI Europa Finance Vice President, said: “Collective bargaining agreements remain the best solution to mitigate effectively any negative impacts on workers and working conditions.” She added: “A genuine social dialogue at all levels is needed now more than ever to keep the sector attractive, including by offering new quality employment opportunities.”
Michael Kammas, Vice-Chairman of EBF-BCESA said: “To maintain a healthy and sustainable European banking sector it is important to have a regulatory environment which ensures and is conducive to a level playing field across all sectors.”
The study shows that over the next two years, there is an increasing expectation for further negative development of the economy with mergers, consolidations, the loss of market share and job cuts. As FinTechs and digitalisation are major threats and in order to keep pace, banks must succeed in their digital transformation and they ask that the same regulations are applied internationally and to BigTechs.
William Portelli, UNI Europa Finance Coordinator for the European Bank Sector Social Dialogue, added: “We must ensure a sustainable digital transformation of the sector, to protect workers and jobs, as well as the industry, and ensure an essential community service for a value-driven economy.”
Chris De Noose, Managing Director of ESBG highlighted: “Decision-makers need to pursue a more proportionate approach to applying regulation, as higher compliance costs and overly complex rules affect some banks heavily. Additional use of the proportionality principle would also help level out the playing field as a result of competition from less traditional financial companies.”
Maureen Hick, UNI Europa Finance Director, noted: “Implementing regulation while staff numbers have been reduced can lead to an increased workload and stress. Workers should have access to the necessary training opportunities and resources must be allocated in the best way possible for the good of the bank, its employees and society as a whole.”
The report showed an increase in the costs of doing business including compliance costs, capital requirements and additional compliance costs derived from risk monitoring practices mandated by law such as Anti-Money-Laundering rules. This prompted a downward pressure on earnings and was one of the factors that led to banks’ cost reductions, achieved mostly through downsizing, and generally putting local banks in a disadvantaged position compared to larger, multinational ones.
“It is recommended that the impact studies carried out by the authorities should also include the effects of regulation on employment, depending on the business model and the activity of the institutions and their footprint in the local economic environment,” said Herve Guider, Managing Director of EACB.
Michael Budolfsen, UNI Europa Finance President, concluded: “Today marks the culmination of a four-year process analysing the impact of regulation on banking sector employment, and an important next step towards building a sustainable regulatory environment.”
The Social Partners said: “We would welcome a stronger coordination between different authorities involved in the regulatory process which would allow us to provide timely and useful input on future regulation.”
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FINAL PROJECT REPORT (EN, FR, DE, ES, IT, RO)
SOCIAL PARTNERS’ PROJECT CONCLUSIONS (EN, FR, DE, ES, IT, RO)
More information:
Benedetta Venanzi, Policy Adviser – International & Social Affairs B.Venanzi@ebf.eu
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About the European Banking Federation:
The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere.
Subscribe to the EBF Weekly + FinReg Agenda
Every Friday at noon you can receive the EBF Weekly + Financial Regulation Agenda. This agenda presents an overview of upcoming European and international meetings and conferences in financial regulation, as well as important general financial and economic events and key EBF meetings for the week ahead. CLICK HERE TO SUBSCRIBE
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European employers are committed to create the conditions for return to employment, job creation and better skills matching as part of the recovery
JOINT STATEMENT
BRUSSELS, 24 July – With this statement, the European Banking Federation and the signatory European sectoral employers express the clear message to public authorities and trade unions at all levels that European employers are committed to make their best efforts to continually employ and create new job opportunities in Europe, highlighting at the same time their needs to be able to do so.
The EU, in common with the rest of the global economy, is presently experiencing the deepest recession since the Great Depression of the 1930’s. Whilst the situation remains very uncertain, the European Commission forecast is for the EU economy to fall by about 8.3% this year, far deeper than during the Global Financial crisis in 2009.
Europe’s response to the crisis has so far allowed to contain the employment and social impact of the crisis in a more effective way than has been the case in other world regions. Strong and autonomous social partners in Europe have been an asset for rapidly designing and implementing fairly balanced crisis-related solutions, including the role of collective bargaining.
In particular, BusinessEurope and the signatory European sectoral employers have engaged in a variety of initiatives and activities in the last months, with their respective trade union counterparts, aiming to inform the European response to the crisis based on their real time analysis of economic and social trends deriving from the Covid-19 crisis.
MEDIA CONTACT:
EBF Media Centre, press@ebf.eu, +32 2 508 3732
ABOUT THE EBF:
The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere. Website: www.ebf.eu
Subscribe to the EBF Weekly + FinReg Agenda
Every Friday at noon you can receive the EBF Weekly + Financial Regulation Agenda. This agenda presents an overview of upcoming European and international meetings and conferences in financial regulation, as well as important general financial and economic events and key EBF meetings for the week ahead. CLICK HERE TO SUBSCRIBE
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Brussels, 30 March 2020
Joint Finance Sector Social Partners Statement on COVID-19
The European social partners in the financial services sector – UNI Europa Finance, the Banking Committee for European Social Affairs of the European Banking Federation (EBF BCESA), the European Savings and Retail Banking Group (ESBG), the European Association of Cooperative Banks (EACB), Insurance Europe, the Association of Mutual Insurers and Insurance Cooperatives in Europe (AMICE), and the European Federation of Insurance Intermediaries (BIPAR) – would like to express their sincere sympathy to everyone directly suffering because of the COVID-19 pandemic and to profoundly thank all those risking their own health to save lives. As social partners, we are fully committed to ensuring that the European banking and insurance sectors continue to assist their customers and support European economic activities to the best of our abilities during this unprecedented pandemic crisis. This requires close and intense coordination with public authorities and for the European institutions, regulatory and supervisory authorities and the financial services sector to work together to try to neutralise as much as possible and to the best of our abilities the effects of COVID-19 on the economy. Important measures have already been taken to help the banking sector in supporting the economy. As this is a rapidly evolving situation, the social partners call on the public authorities to stand ready to take further action and use the necessary flexibility at their disposal to overcome the present difficulties.
Contact:
Luka Bohacek, L.Bohacek@ebf.eu
Benedetta Venanzi, B.Venanzi@ebf.eu
Subscribe to the EBF Weekly + FinReg Agenda
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Brussels, 12 September 2019
EBF Banking Committee on European Social Affairs (BCESA) along with BusinessEurope and other participating associations published a Joint Statement on labour shortages and skills mismatches. In the Statement, European employers urge policy-makers and social partners to reduce present and future labour shortages by improving skills matching. European employers also propose concrete actions to reverse the worrying trend of skills mismatches which leads to labour shortages in EU countries.
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Every Friday at noon you can receive the EBF Weekly + Financial Regulation Agenda. This agenda presents an overview of upcoming European and international meetings and conferences in financial regulation, as well as important general financial and economic events and key EBF meetings for the week ahead. CLICK HERE TO SUBSCRIBE
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