EACC NY: The Economic Impact of the Russian Invasion of Ukraine on the Global Economy (EACCNY members only)

Russia’s war of aggression against Ukraine continues to negatively affect the global and the EU economy, setting them on a path of lower growth than expected and an uptick on inflation.

Join the EACC New York for an in-depth update about the economic impact of the Russian invasion of its neighbor, Ukraine on the European economy, Russia itself and the world economy. The discussion will also include a detailed assessment of the situation in Ukraine, and how the European Union is working with the Ukrainian government to help them get back on their feet, once the war is over.

AGENDA:

I. The impact of the Russian invasion on the EU and the global economy
● The latest EU economic forecast projections – upside and downside risks
● The main impact areas of the war – energy and food prices
● Western sanctions and the Russian economy
● Recession risk depending on the evolution of the war and on solutions to address on the short term the supply of gas to Europe
● Factors that will support the European economic recovery

II. The European Union and Ukraine
● Strengthening partnership since 2014 – ambitious reform agenda to support Ukraine as a candidate for EU membership
● How the EU is helping Ukraine to address its immediate financial needs following the aggression by Russia
● Ukraine’s economic development and its reform agenda
● The physical damage and the overall economic impact of the war in the Ukraine
● Ukraine’s challenges to access to international capital markets
● The EU ‘s response in detail, its impact and what else needs to be done (can be done)
● How to address the BoP gap, w emergency and exceptional macro-financial assistance by the EU and bilateral financial support from member states
● Repurposing other EU loans provided by the EIB
● The financial support still needed from international community, preparations for reconstruction

SPEAKERS:
● Annika Eriksgaard, Director for International Economic Relations and Global Governance, DG ECFIN – EUROPEAN COMMISSION
● Moreno Bertoldi, Acting Head of Unit – Advisor for International Economic and Financial Affairs, DG ECFIN – EUROPEAN COMMISSION
● Yvonne Bendinger-Rothschild, Executive Director, EACCNY [Moderator]

Pricing: Free of charge