TheGeneral Assembly of the European Federation of Financial Services Users(EuroFinUse) took placein Villa Klimt in Vienna on Thursday, and the International Conference entitled The Financial Repression of Savers and Investors", whichwas organised byEuroFinUse and the Austrian Association of Shareholders (IVA), took place on the premises of Vienna Insurance Group on Friday.

This has been 2nd international conference in Vienna which was – after this year's conference of The European Business Angel Network EBAN 2013 (VIDEO), in the framework of the efforts of the international business-investment VZMD programmes: Invest to Slovenia (investo.si) and International Investors` Network (invest-to.net) – attended by VZMD representatives, and this has also been 2ndEuroFinUse conference of this type, after the one in March, which took place in the European Parliament (VIDEO). 

Pan-Slovenian Shareholders' Association (VZMD) which is among the most active EuroFinUse members – VZMD President Mr Kristijan Verbič is also a member of the executive board – has this time included among the panel speakers a representative of the Slovene Insurance Business, Mr Benjamin Jošar, a member of Triglav Insurance Company d.d. Management Board.

In the framework of the round-table discussion VZMD President opened a discussion related to the opinion regarding the so called»investors' haircuts«in Slovenia, which could become an example for other countries. He also presented problems concerning theproposal of the Slovene Law Amendment about Banking (ZBan-1L), which is explicitly retroactively and fundamentally encroaching upon the rights of the holders of subordinate bonds of banks. He also emphasized that those preparing and making decisions in this process have said that the adoption of such law is, in spite of all convincing doubts, inevitable, because the European Commission insists on it, and the Commission is not willing to accept any negotiations, let alone allow any indulgence, therefore his debate was intended mostly for the representative of the European Commission for Internal Market and Services, Mr Carlos Marvall. You canwatch his answer and all other events in the EXCLUSIVE VIDEO REPORT by clicking the photo above.

Otherwise VZMD representatives arrived to Vienna from Moscow where, immediately prior to the events in Vienna, the Russian-Slovene Business and Investment Forum took place in the framework of the visit of the Slovene business delegation, on the occasion of the visit of the Foreign Affairs Minister Mr Karel Erjavec to his Russian colleague Mr Sergey Lavrov. After the attention-grabbing international conference in Vienna, VZMD President departed for the South-African Cape Town, where the international conference Global KEN forum was concluded yesterday. As a EuroFinUse representative and as a representative of the World Federation of Investors (WFI)Mr Verbič presented the possibilities of cooperation in the field of investments, business contacts, research and education, primarily in the perspective of Invest to Slovenia and International Investors' Network programmes.

After this year's successful presentations in Astana, Almaty, Baku, Brussels, Bucharest, Cape Town, Vienna, Kiev, Ljubljana, Madrid,Moscow, New Delhi, Tokyo and Zagreb, VZMD is pleased to invite all who would like to take part in the activities to contact VZMD investo.si programme coordinator by phone 031 770 771, or e-mail tratar@investo.si.