Dear colleagues May I cordially invite to the upcoming SUERF I ECB I BAFFI Bocconi workshop entitled “Europe's Blues: an interdisciplinary approach to (weak) economic sentiment"<https://cdn.mlwrx.com/sys/r.aspx?sub=kBSJLuwaxOK-91csh9ohGc7_kre18fyEsE7-91csh9ohGbP_6efkXKinB0D-81atExvOvan&tid=2dRHRa-xNUqr-5YEILv53Fdu-9s8vHAPnTHg&enc=xgo772AsSbLi-2BfL02E5Dr1MO6Rb7QnBpTxQaFBxasblSNDgLoSv!zuORh6l0!0heRQ0Oe270cSrDrOnubPV6nHS-NyIwcJh5UaMFYZwxg1&link=NL35>, taking place on Wednesday, 9 April 2025, online. Participation is free. Please register here <https://cdn.mlwrx.com/sys/r.aspx?sub=kBSJLuwaxOK-91csh9ohGc7_kre18fyEsE7-91csh9ohGbP_6efkXKinB0D-81atExvOvan&tid=2dRHRa-xNUqr-5YEILv53Fdu-9s8vHAPnTHg&enc=xgo772AsSbLi-2BfL02E5Dr1MO6Rb7QnBpTxQaFBxasblSNDgLoSv!zuORh6l0!0heRQ0Oe270cSrDrOnubPV6nHS-NyIwcJh5UaMFYZwxg1&link=NL5L> Kind regards Prof Dr Ernest Gnan Secretary General, SUERF – The European Money and Finance Forum Honorary Economic Advisor to the OeNB Governor ernest.gnan@oenb.at<mailto:ernest.gnan@oenb.at> +43 664 4333384 • @dr_gnan<https://twitter.com/dr_gnan> • LinkedIn<https://www.linkedin.com/in/ernest-gnan-8a6957ab/> www.suerf.org<http://www.suerf.org/> [SUERF Header Bringing Togeher policy makers Finance and Academia] Motivation Economic sentiment in Europe is weak. This applies both to consumers and businesses. What are the sources? Is European pessimism based on fundamental reasons (domestic, European, global; economic, socio-economic, political) or are (also) “animal spirits” (self-reinforcing mood swings, which may be driven by “zeitgeist” and media) at play? To what extent is “sentiment” actually relevant for actual economic developments? Shedding light on these questions is useful for designing the right policy responses: structural reforms, a support of aggregate demand, and/or the demonstration of strong and united government leadership, which sets in motion appropriate structural adjustments and is able to create a credible public narrative. 14:30 Latest developments in business and consumer sentiment in Europe Moderator: Geoff Kenny · ECB Christian Gayer · European Commission Erwan Gautier · Banque de France Klaus Wohlrabe · IFO Institut 15:10 What drives consumer & business sentiment: fundamentals, behavioral explanations, role of media Moderator: Ernest Gnan · SUERF Katharina Gangl · Institute for Advance Studies Vienna Geoff Kenny · ECB Alistair Macaulay · University of Surrey 15:50 How relevant is (weak) sentiment? Or are after all fundamentals the problem? Moderator: Birgit Niessner · Österreichische Nationalbank Arne Holzhausen · Allianz SE Laurent Maurin · European Investment Bank (EIB) Mario Pietrunti · BNP Paribas 16:30 End Date Wednesday, 9 April 2025 I online via Webex Please register here <https://cdn.mlwrx.com/sys/r.aspx?sub=kBSJLuwaxOK-91csh9ohGc7_kre18fyEsE7-91csh9ohGbP_6efkXKinB0D-81atExvOvan&tid=2dRHRa-xNUqr-5YEILv53Fdu-9s8vHAPnTHg&enc=xgo772AsSbLi-2BfL02E5Dr1MO6Rb7QnBpTxQaFBxasblSNDgLoSv!zuORh6l0!0heRQ0Oe270cSrDrOnubPV6nHS-NyIwcJh5UaMFYZwxg1&link=NL5L> [Upcomig Events eworx banner green] SUERF BAFFI Bocconi e-lecture: Artificial Intelligence in Economic and Financial Policy Making<https://cdn.mlwrx.com/sys/r.aspx?sub=kBSJLuwaxOK-91csh9ohGc7_kre18fyEsE7-91csh9ohGbP_6efkXKinB0D-81atExvOvan&tid=2dRHRa-xNUqr-5YEILv53Fdu-9s8vHAPnTHg&enc=xgo772AsSbLi-2BfL02E5Dr1MO6Rb7QnBpTxQaFBxasblSNDgLoSv!zuORh6l0!0heRQ0Oe270cSrDrOnubPV6nHS-NyIwcJh5UaMFYZwxg1&link=NL78> 22 April 2025 I online I 15:00-16:15 SUERF BAFFI Bocconi e-lecture: Key insights form the IMF’s April 2025 World Economic Outlook, Global Financial Stability Report and Fiscal Monitor<https://www.suerf.org/events/key-insights-form-the-imfs-april-2025-world-economic-outlook-global-financial-stability-report-and-fiscal-monitor/> 29 April 2025, online I 15:00-17:00 More events <https://cdn.mlwrx.com/sys/r.aspx?sub=kBSJLuwaxOK-91csh9ohGc7_kre18fyEsE7-91csh9ohGbP_6efkXKinB0D-81atExvOvan&tid=2dRHRa-xNUqr-5YEILv53Fdu-9s8vHAPnTHg&enc=xgo772AsSbLi-2BfL02E5Dr1MO6Rb7QnBpTxQaFBxasblSNDgLoSv!zuORh6l0!0heRQ0Oe270cSrDrOnubPV6nHS-NyIwcJh5UaMFYZwxg1&link=NL7a> SUERF is a member-based non-profit association, designed to create an active network between professional economists, financial practitioners, central bankers and academics for the analysis and mutual understanding of monetary and financial issues. 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