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Outcome of the 2023 G20 Summit in New Delhi, India
Leaders met in New Delhi, India, for the 18th summit of the G20, the intergovernmental forum for international economic cooperation of the world's major economies. The 2-day meeting (9 to 10 September 2023) hosted by the Indian G20 presidency took place at a time of increasing political and economic rivalry, in which the world's leading and emerging economies are shaping new alliances around the globe. The themes chosen by the Indian presidency and the decision taken by the G20 leaders to grant permanent ...
The 2023 G20 Summit: A deepening rift heralding an uncertain future
The 2023 G20 Summit will take place in New Delhi, India, on 9 and 10 September. In preparation for the summit, the G20 Presidency has focused on six priorities consistent with those of the G7, namely green development, inclusive growth, progress on the United Nations sustainable development goals (SDGs), technological transformation, multilateral institutions for the 21st century, and women-led development. The G20's informal nature makes it a vital global platform, gathering the leaders of all major ...
Outcome of the 2022 G20 summit in Bali, Indonesia
On 15 and 16 November 2022, the Group of Twenty (G20) held the 17th annual summit of its leaders in Bali, Indonesia. This was the first G20 summit since Russia began its war of aggression against Ukraine and the first fully fledged physical leaders' meeting since the COVID-19 pandemic began. While Russian President Vladimir Putin did not attend the summit and was represented by Foreign Minister Sergey Lavrov, Ukrainian President Volodymyr Zelenskyy participated by video-conference as a guest. Condemnation ...
The 2022 G20 Summit: Another step towards recovery or a growing rift?
The 2022 G20 Summit, to be held in Bali, Indonesia, on 15 and 16 November, will bring together the major economies' leaders in a physical meeting for the first time since the pandemic began, providing opportunities to hold informal bilateral meetings in the margins of the summit (last year, the leaders of Russia, Japan, Mexico and China chose not to attend in person). In preparation for the summit, the Indonesian Presidency has focused on three interconnected pillars, namely the global health architecture ...
Banking and financial markets – Some topical issues
This papers reflects on recent turmoil created by derivatives used by energy companies and by UK pension funds, assessing some recent work of the European Supervisory Authorities, reports on EIOPA’s review of Credit Protection Insurance that unveiled poor underwriting and sales practices, as well as poor value for money from a consumer perspective, and contains a section on cyber risk, subject to increased warnings by supervisory authorities.
The 2021 G20 Summit: Bridging global rifts for a greener and more sustainable future
The 2021 G20 Summit, to be held in Rome on 30 and 31 October, was expected to bring together the major economies' leaders in a physical meeting for the first time since the pandemic began. However, several leaders (of Russia, Japan, Mexico and China) have announced that they will not attend in person, limiting opportunities to hold informal bilateral meetings in the margins of the summit. Important decisions designed to put the global economy and society on course towards a greener and more sustainable ...
Global Health Summit
The Global Health Summit – jointly hosted by the European Commission and Italy, as chair of the Group of Twenty (G20) – will take place on 21 May 2021 in Rome. Bringing together leaders, heads of international and regional organisations and representatives of global health bodies, it will provide a platform for sharing lessons learned from the coronavirus pandemic. The discussions will feed into a declaration of principles that can guide multilateral cooperation and joint action to prevent future ...
Outcome of the European Council video-conference of 25 February 2021
For the tenth time since the outbreak of the coronavirus crisis, the European Council met by video-conference, however this time in two separate sessions. The first, on 25 February, dealing with the ongoing coronavirus pandemic and ways of increasing the EU’s health resilience, is covered in this paper, while the second, the following morning, addressed security and defence as well as the southern neighbourhood, and is covered by a separate paper. Regarding the pandemic, EU leaders called for acceleration ...
The Financial Stability Board (FSB). An overview of the work for 2020
The briefing provides an overview of the latest work by the Financial Stability Board (FSB). It first addresses the FSB as an institution, its mandate, members and governance arrangements, and second, outlines its current work. This paper builds and updates an earlier version.
G20 Summit of November 2020: Great expectations despite boycott calls
On 21-22 November, under Saudi Arabia's presidency, the G20 will hold its first regular summit in a virtual format. Unavoidably the focus will be on the current crisis, more specifically on protecting lives and livelihoods and restoring growth. Given the crucial role it played in tackling the 2008-2009 financial crisis, hopes are high regarding the G20's potential role in proposing a financial and economic solution to deal with the ongoing downturn. Several major G20 members have invested massive ...