The European investment management industry is helping savers achieve their financial goals and build up retirement savings. Investment management is a vital part of the European economy, providing funding for companies and infrastructure projects and contributing to economic growth and job creation across all Member States.

As Portugal prepares to take the Presidency of the Council of the EU, at a critical juncture for Europe and in very challenging circumstances, we would like to bring to your attention a few priorities which, we believe, will be crucial to support the recovery of our economy and to foster the transition towards a more sustainable approach to conducting business.