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09.05.2018

2018-05-09

Press releases

Ahead of the presentation of the Charlemagne Prize to Emmanuel Macron, BVR President Kolak says that decentralization strengthens Europe

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BVR-Präsidentin Marija Kolak während der Diskussionsrunde beim diesjährigen Karlspreis-Europa-Forum.
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BVR-Präsidentin Marija Kolak beim diesjährigen Karlspreis-Europa-Forum
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Daniel Cohn Bendit, ehemaliger Co-Vorsitzender der Grünen und der Freien Europäischen Allianz im EU-Parlament, die Botschafterin Spaniens in Deutschland, Morera Villuendas, Moderator, Hans-Ulrich Jörges, BVR-Präsidentin Marija Kolak und Luis Alvara, Präsident des Europäischen Jugendforums
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Beim traditionellen Karlspreis-Europa-Forum diskutieren Vertreter aus Politik, Wirtschaft und Medien zu aktuellen Europathemen.


“President Macron has put Europe back on the public agenda. We’ve started talking about Europe again, we’re arguing about Europe again. Such a debate can only be positive,” said Kolak.

 

Referring both to the general economic perspective and to the perspective of the Volksbanken Raiffeisenbanken Cooperative Financial Network, Kolak explained that decentralization is also vital to a successful Europe: “Subsidiarity and decentralization are defining principles for the success of Europe’s economic and monetary union. I firmly believe that Europe is stronger when member states are able to learn from their neighbors.” To illustrate her point, Kolak cited the Scandinavian approaches to e-government and Germany’s dual vocational training system.

 

Another success factor, according to Kolak, is the interplay between risk and responsibility. “There is still a lot to be done in Europe, particularly in terms of national risks. It is still important that the banks are not able to escape their liabilities and that the member states of the European Union are not released from their responsibility to implement reforms.” Kolak explained that before there can be talk of centralizing deposit insurance in Europe, for example, standardized insolvency law needs to be established and the dangerously high volume of non-performing loans in Europe needs to be reduced. “I am certain that the liability principle provides good incentives and ultimately strengthens European cohesion,” she stated.

 

The German local cooperative banks’ long-standing sponsorship of the International Charlemagne Prize of Aachen – awarded on Ascension Day – underlines their clear commitment to the European Union as a guarantor not only of peace, democracy, and the rule of law but also living standards and the economic strength created by the single market.


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Bundesverband der deutschen Volksbanken und Raiffeisenbanken e.V. (BVR)
Bundesverband der deutschen Volksbanken und Raiffeisenbanken e.V. (BVR)
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BVR - May 9, 2018 9:25:06 AM

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Ahead of the presentation of the Charlemagne Prize to Emmanuel Macron, BVR President Kolak says that decentralization strengthens Europe

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