What’s the word 2020?
Does Europe make the strings of your heart go “zing”? Do you want to have a have a hand in shaping the future of the continent? Have you got something to say and do you want to exchange opinions with others? If so, Euro20+ is the perfect platform for you.
Reviewing monetary policy strategy
Since the beginning of the century, both the euro area and global economies have been faced with profound structural changes. Lower trend growth due to lower productivity rates and demographic change, as well as the impact of the financial crisis, have led to a significant decline in inflation in recent years. The lower inflation rates have posed different challenges for central banks compared to those of previous times, when they had to deal with higher inflation rates that exceeded the target level. In addition, climate change, digitalisation and globalisation are affecting prices worldwide. In view of these challenges, the Governing Council of the ECB announced at the beginning of this year that it will be reviewing the central bank’s monetary policy strategy. European citizens can also get involved. To enable European citizens to express their views, the ECB and the national central banks organise several events. The opinions gathered will feed into the ECB’s strategy review.
Your ideas will also be a part of Euro20+ on 30 and 31 October 2020. What does price stability mean for you? What are your concerns and hopes for the future economy and which topics are important to you besides price stability? How can central banks get in touch with you? Euro20+ is all about these questions and much more this year.
The Bundesbank will be bringing 250 Europeans aged 18 to 30 years together in the makerspace Tatcraft in Frankfurt am Main. This year, for the third edition of the event, the Governor of the Spanish central bank, Pablo Hernandez de Cos, will be joining us as one of our guests, alongside the President of the Bundesbank, Jens Weidmann. One thing is for sure, Europe can only deal with the great challenges of our time if we work together. The future of our continent will therefore be another major topic, as it was at last year’s event: we will be looking at key economic and social questions concerning Europe and the monetary union.
The third edition of Euro20+ will likewise be held at Tatcraft Makerspace, located in the eastern part of Frankfurt. This location provides the perfect venue for a creative exchange. Tatcraft is normally a studio for creators. A model of the world’s largest non-industrial 3D printer, along with digital CNC milling machines and a water jet cutter to process metal, rocks and glass, are all part of the interior furnishings. This spirit of creativity should also give Euro20+ wings.
Although the machines will be off-limits during our event, a different topic will be under discussion in every corner of the workshop.