Press release – Hearing of Commissioner-designate Costas Kadis
Brussels, 06/11/2024
Commissioner-designate Costas Kadis appeared before the European Parliament’s Committee on Economic and Monetary Affairs, ECON, on Tuesday, 05 November 2024.
Mr Kadis is the Commissioner-designate for Financial Stability, Financial Services and Capital Markets Union.
He is responsible for developing and implementing EU policies in the areas of financial stability, financial services and the EU Capital Markets Union.
During the hearing, Mr Kadis outlined his vision for the future of the EU economy and his priorities for the next five years.
He stressed the importance of financial stability as a foundation for economic growth and job creation. He also highlighted the need to complete the EU Capital Markets Union to make it easier for businesses to raise capital and for investors to save and invest.
Mr Kadis answered questions from MEPs on a wide range of issues, including the EU’s response to the COVID-19 pandemic, the future of the eurozone, and the EU’s plans to tackle climate change.
The hearing was a good opportunity for Mr Kadis to present his vision for the future of the EU economy and to answer questions from MEPs. The European Parliament will now vote on whether to confirm Mr Kadis as Commissioner.
Background
Costas Kadis is a Cypriot politician who has served as Minister of Finance since 2013. He is a member of the Democratic Rally party.
Mr Kadis has a degree in economics from the University of Athens and a master’s degree in economics from the London School of Economics.
Before entering politics, Mr Kadis worked as an economist at the International Monetary Fund and the European Central Bank.
Additional information
- Statement by Commissioner-designate Costas Kadis
- Curriculum vitae of Commissioner-designate Costas Kadis
- Hearing of Commissioner-designate Costas Kadis
Press release – Hearing of Commissioner-designate Costas Kadis
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