- ECB Central Banking Seminar
Formulation and implementation of monetary policy in the euro area
Frankfurt am Main, 9 to 13 July 2018
Participation is by invitation only.
Programme
- 19:30
- Informal gathering
- 
   The policy framework in the euro areaChairperson: Benjamin Vonessen, Senior Adviser, DG-International & European Relations 
- 8:30
- Registration and coffee
- 9:00
-  
   IntroductionPeter Praet, member of the Executive Board of the ECB 
- 9:30
-  
   The ECB and the Eurosystem: Institutional structure and internal workingMichael Sturm 
- 10:30
- Coffee break
- 11:00
-  
   Economic and Monetary Union in EuropeBoris Kisselevsky 
- 12:30
- Buffet lunch
- 14:00
- 
   Financial Stability and Macroprudential PolicyPaul Hiebert 
- 15:00
- Coffee break
- 15:30
- 
   The Single Supervisory MechanismPatricia Roa Tejero 
- 16:30
- 
   Plenary discussion on the economic policy framework in the euro areaBenjamin Vonessen, Paul Hiebert, Boris Kisselevsky, Patricia Roa Tejero and Michael Sturm 
- 17:30
- Social programme
- 
   Features of the euro area economyChairperson: Klaus Masuch, Principal Adviser, DG-Economics 
- 8:30
- Registration and coffee
- 9:00
-  
   The external dimension of the euro area economyPavlos Karadeloglou 
- 10:00
- Coffee break
- 10:30
-  
   Euro area convergence and enlargementChristine Gartner 
- 11:30
-  
   The euro area economy: Economic conditions, inflation and prospectsThomas Warmedinger and Gerrit Köster 
- 12:30
- Buffet lunch
- 14:00
- 
   Structural and fiscal policies and the functioning of the euro areaDavid Sondermann and Stephan Haroutunian 
- 15:15
- 
   ESCB statistics and its main challenges aheadAurel Schubert 
- 16:15
- Coffee break
- 16:30
- 
   Plenary discussion on the features of the euro area economyKlaus Masuch, Thomas Warmedinger, Gerrit Köster, Pavlos Karadeloglou, Christine Gartner, Stephan Haroutunian, David Sondermann and Aurel Schubert 
- 18:00
- Group photo
- 18:30
- 
   Dinner hosted by Ignazio Angeloni, Member of the Supervisory Board of the ECB 
 ECB main building, dinner area
- 
   The monetary policy strategy of the ECBChairperson: Natacha Valla, Deputy Director General, DG-Monetary Policy 
- 8:30
- Registration and coffee
- 9:00
-  
   The ECB’s monetary policy: Standard and non-standard measuresKatrin Assenmacher 
- 10:30
-  
   The ECB’s communication policyMichael Steen 
- 11:30
- Coffee break
- 12:00
-  
   The monetary policy transmission mechanism in the euro areaGeorg Strasser 
- 13:00
- Buffet lunch
- 14:30
- 
   Monetary and credit analysisBettina Landau 
- 15:30
- 
   Econometric modelling at the ECBKai Christoffel 
- 16:30
- Coffee break
- 17:00
- 
   Plenary discussion on monetary policy in the euro areaNatacha Valla, Katrin Assenmacher, Michael Steen, Bettina Landau, Georg Strasser and Kai Christoffel 
- 
   The ECB's monetary policy implementation framework (I)Chairperson: Cornelia Holthausen, Deputy Director General, DG-Market Operations 
- 8:45
- Registration and coffee
- 9:15
-  
   Overview of the activities of the Market Operations Analysis DivisionIsabel Kerner 
- 9:30
-  
   Overview of the monetary policy implementation framework and recent changesIsabel Kerner 
- 10:45
- Coffee break
- 11:00
-  
   Overview of the activities of the Money Market and Liquidity DivisionJulija Jakovicka 
- 11:15
-  
   Forecasting liquidity and conducting credit operationsIrene Katsalirou 
- 12:00
-  
   Main features of the euro money marketMaría Encio 
- 13:00
- Buffet lunch
- 14:30
- Social programme
- 
   The ECB's monetary policy implementation framework (II)Chairperson: Torsti Silvonen, Deputy Director General, DG-Market Operations 
- 8:30
- Registration and coffee
- 9:00
-  
   The Eurosystem collateral framework and the functioning of collateral marketsMarco Corsi 
- 10:15
- Coffee break
- 10:30
-  
   Overview of the activities of the Bond Market and International Operations DivisionChristophe Beuve 
- 10:45
-  
   The Eurosystem’s asset purchase programmeAlexander Düring, Lia Cruz, Katja Hettler and Monika Znidar 
- 12:00
- Buffet lunch
- 13:30
- 
   Overview of the activities of the Directorate Risk ManagementJorge Mourato 
- 13:45
- 
   Mitigating risks in the Eurosystem’s monetary policy operationsJorge Mourato 
- 15:00
- Coffee break
- 15:15
- 
   Overview of the activities of the Financial Operations Services DivisionMichel Stubbe 
- 15:30
- 
   The Eurosystem Reserve Management Services (ERMS)Michel Stubbe 
- 16:45
-  
   Concluding remarksTorsti Silvonen 
This programme may be subject to change without notice.
General information
 European Central Bank 
 Main building, conference centre, room C2.02
 Sonnemannstrasse 20 
 60314 Frankfurt am Main
 +49 69 1344 0 
 Fax: +49 69 1344 6000 
 info@ecb.europa.eu 
English
Participants are requested to arrange their own transfers from and to the airport
Ruth Antonelli
 Directorate General Economics
 Phone:  +49 69 1344 7093
Margareth Tai
 Directorate General Economics
 Phone:  +49 69 1344 6618
Email: CBS_2018@ecb.europa.eu