BANK OF ALBANIA

PRESS RELEASE
Governor Fullani attended the 15th Central and Eastern European Forum

Publication date: 26.01.2010

 

On 19 - 20 January 2010, Euromoney organized the 15th Central and Eastern European Forum, in Vienna, Austria. This annual forum brought together distinguished personalities in political, economic and financial area from the Central and Eastern Europe. The main topic of discussion was the global economic slowdown driven by the international crisis, the currency stability of the region's countries and the challenges for the future.

The forum was organized in the form of panels, were the non-EU governors' panel was also of primary importance. The participants of this panel were Mr. Ardian Fullani, Governor of the Bank of Albania; Mr. Radovan Jelaic, Governor of the National Bank of Serbia; Mr. Durmus Yilmaz, Governor of the Central Bank of Turkey; Mr. Herbert Stepic, Chief Executive Officer, Raiffeisen International Bank Holding; Mr. Nikola Fabris, Chief Economist, Central Bank of Montenegro; Mr. Alexei Ulyukaev, First Deputy Governor, Central Bank of Russia; and Mr. Ljubinko Jankov, Executive Director, Research and Statistics Department, Croatian National Bank.

The roundtable discussions of this panel were focused on the challenges posed to central bankers in the current phase, from the viewpoint of the global and regional developments; the nature and importance of cooperation between central bankers and commercial bankers, in order to prevent the negative repercussions of the crisis, not only in terms of banking system stability but also in monetary policy orientation. Special focus was shown to potential risks, increase of lending to the economy, harmonization of monetary policy with the fiscal one, effects of the global economic slowdown on the region's economies and the banking system activity, exit strategies from the emergency measures and prevention of their effects on the economy, etc.