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What’s in store for Europe’s recovery plan?
Nov 04, 2020
from 14:00 till 15:00
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EU member states are facing the same challenges: the necessity to ensure access to healthcare, maintain jobs and keep businesses afloat. Recovery will not be even across Europe, therefore the European Commission put forward its Recovery Plan for Europe or the Recovery and Resilience Facility (RRF), setting out an ambitious fiscal stimulus to strengthen the resilience of the European economy.
To discuss the EU’s response, the Chamber invited members and guests to join a discussion about RRF goals and the progress of Latvia’s national recovery plan with two experts Andris Kuznieks, Acting Head of the European Commission Representation in Latvia and Armands Eberhards, Deputy State Secretary of the Ministry of Finance for matters of EU funds. The event was moderated by Dita Erna Sīle, Board Member of AmCham Latvia, Baltic Head of Public Affairs and Patient Access, Novartis Baltics. Both speakers emphasized that the EU Recovery plan and budget for 2021-2027 support the recovery from the COVID-19 pandemic and is based on three main objecitives, investment in the green and digital transitions as well as provision of high quality health care services.
Over the next seven years almost 10.5 billion euros will be available for the development of the Latvian economy. The deadline for submitting national plans is April 30, 2021, but preliminary drafts are accepted as of October 15, 2020.
According to Armands Eberhards, Latvia should be entitled to 1,6 billion EUR in grants and 2,3 billion EUR in loans and should follow sound recovery plans. When assessing the national plans the Commision will consider whether the plans:
- Contribute to effectively addressing challenges identified in the relevant country-specific recommendations;
- Contain measures that effectively contribute to the green and digital transitions;
- Contribute to strengthening the growth potential, job creation and economic and social resilience of the Member State.
Speakers:
Ints Dālderis is the Advisor to the Minister of Finance of Latvia since January 2019. His areas of responsibility include budgetary issues, taxation policies and matters concerning EU structural funds. Mr. Dālderis is a member of the Latvian political party “New Unity”.
Mr. Dālderis was elected Member of the Latvian Parliament in 2014, serving until 2018. During this term, he was Secretary of the Budget and Finance (Taxation) Committee. Following his first election in the Latvian Parliament in 2010, Mr. Dālderis was appointed Adviser to the Latvian Prime Minister regarding investments connected with EU structural funds as well as the Latvian National Development Plan. Mr. Dālderis held this position from 2011 until 2014.
From 2009 to 2010, Mr. Dālderis served as Latvia’s Minister of Culture.
Andris Kužnieks, Acting Head of the European Commission Representation in LatviaAndris Kužnieks holds a master degree in Social Science (European Studies) at the Faculty of Business, Management and Economics of the University of Latvia.
Before joining the European Commission Representation in Latvia as Deputy Head, Andris Kužnieks worked in public administration including international projects in Georgia, Kazakhstan and Azerbaijan. In 1998, Andris Kužnieks began his professional career at the Ministry of Finance.
Moderator:
Dita Erna Sīle, Board Member of AmCham Latvia, Baltic Head of Public Affairs and Patient Access, Novartis Baltics Dita Erna Sīle has more than 20 years of hands-on experience in national and EU policy, development and budget planning within public, private and non-governmental sectors.
Dita has a Master’s degree in political science and an MBA with specialization in innovation from Buskerud University College in Norway. In addition, Dita has been a lecturer on the European Union decision making and entrepreneurship policies for 9 years at the Riga Technical University. Dita also has experience in interest representation, incl. board member posts.
Admission is complimentary for AmCham members, EUR 20 for non-members. The meeting will take place via MS Teams. Please sign up below and the link will be sent to you directly shortly before the meeting.
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Kārlis Danēvičs, Board member, Head of Credits and Risk at SEB Banka