Friday, November 12, 2010

Wolin to do Europe

The U.S. Department of the Treasury today announced additional details for Deputy Treasury Secretary Neal Wolin’s trip to Europe. The Deputy Secretary will meet with officials in Warsaw, Poland; Riga, Latvia; London, United Kingdom; and Brussels, Belgium next week.

In Riga and Warsaw, Deputy Secretary Wolin will discuss the impact of the global financial crisis on economic reform in Eastern Europe. In London and Brussels, he will update key officials and investors on U.S. progress in the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act, including a major policy address hosted by the London Stock Exchange.

Below is an overview of each stop on the Deputy Secretary’s trip:

Warsaw, Poland

In Warsaw, Deputy Secretary Wolin will discuss the success of Eastern Europe’s largest economy through the global crisis and its plans to accelerate growth. He will meet with a number of Polish officials, including: Finance Minister Jacek Rostowski; Chair of the Prime Minister’s Economic Council and Former Prime Minister Jan Krzysztof Bielecki; and Leszek Balcerowicz, Warsaw School of Economics Professor who has previously served as Deputy Prime Minister, Minister of Finance, and President of the National Bank of Poland.

Riga, Latvia

In Riga, Wolin will recognize Latvia’s efforts to push through ambitious reforms after suffering one of Europe’s worst economic declines last year. The Deputy Secretary will meet with key Latvian officials, including: Prime Minister Valdis Dombrovskis; Central Bank Governor Ilmars Rimsevics; Finance Minister Andris Vilks; and party leaders of the Latvian Parliament.

London, United Kingdom

In London, the Deputy Secretary will outline steps the U.S. is taking to strengthen its financial system. He will also deliver a major speech on Dodd-Frank implementation at the London Stock Exchange. Deputy Secretary Wolin will meet with Bank of England Deputy Governor for Financial Stability Paul Tucker; Financial Secretary to the Treasury Mark Hoban; and Financial Services Authority Chairman Lord Adair Turner.

Brussels, Belgium

In Brussels, Wolin will further outline U.S. financial reform efforts, as well as cooperation with the European Union. The Deputy Secretary is scheduled to meet with European Commissioner for Internal Markets Michel Barnier, as well as key members of the European Parliament’s Economic and Monetary Affairs Committee.

The full schedule of the trip is as follows (all times are local):

Monday, November 15 (Warsaw, Poland)

Roundtable Discussion with Students and Young Economists
“Securing the Global Economic Recovery in the U.S. and Europe”

9:30 - 10:15 AM

Warsaw School of Economics
al. Niepodległości 162
Building G (Main Building), Room 151

Financial Reform Discussion with Polish Press

12:00 PM

U.S. Embassy

ul. Piekna 14a

Tuesday, November 16 (Riga, Latvia)

Press Conference with Central Bank Governor Ilmars Rimsevics

10:45 AM

Bank of Latvia

K. Valdemara iela 2A, LV-1050

Wednesday, November 17 (London, United Kingdom)

Major Speech on Dodd-Frank Implementation

“A New Financial Framework: Dodd-Frank’s Contribution to Global Reform”

3:30 PM

London Stock Exchange
10 Paternoster Square

Thursday, November 18 (Brussels, Belgium)

Financial Reform Discussion with European Financial Press

9:30 AM

U.S. Mission to the EU
13 Rue Zinnerstraat (near Arts-Loi metro)

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