Preliminary Program
June 4, 2010
10:00 - 12:00 Arrival of Participants and Registration
13:00 - 14:00 Networking Lunch
14:00 ‐ 14:15 Introductory remarks by the moderator
Milan Ćulibrk, Editor‐in‐Chief of the Ekonom:east magazine
14:15 ‐ 14:30 Opening remarks by Host Governor
Ljubiša Krgović Central Bank of Montenegro
14:30 - 16:00 Panel 1: Stricter Fiscal Policy-Under Conditions of Transition
Opening remarks: Igor Lukšić, Minister of Finance, Montenegro
Zoran Stavreski, Vice Prime Minister & Minister of Finance, Republic of Macedonia
Diana Dragutinović, Minister, Ministry of Finance, Serbia
Vjekoslav Bevanda, Minister, Federal Ministry of Finance of the Federation of Bosnia & Herzegovina
Aleksandar Džombić, Minister, Ministry of Finance, Republika Srpska
Fuad Kasumović, Deputy Minister, Ministry of Finance & Treasury, Bosnia & Herzegovina
Resmi Hibraj, Director of Borrowing, Ministry of of Finance Albania
Massimo Cingolani, Expert Economist, European Investment Bank
Goran Pekez, Corporate Affairs and Communications Director for Adriatic region, Japan Tobacco International
Discussion Topics:
- The State budget- realization for 2010 and plans for 2011
- Plans for how to carry out structural reforms in the public sector, pension and social security, etc… with a constrained budget
- Determining consolidated balance of public revenue and public spending-measures in place for stimulating economic growth
- System and policy of taxes, tariffs and other public revenue
- Public expenditure policy-challenges during a crisis
- The Greek scene and countries of the region
- The relation of fiscal and monetary policy after the recession
- Management of available public funds-what is available and how is it accessed?
- The path towards the EU-recommendations and suggestions
- Challenges of fiscal policy and economic recovery
- Budget deficit and means of financing it
- Public debt-measures for reducing it
16:00 ‐ 16:30 Networking Coffee Break
16:30 - 18:00 Panel 2: Managing currency – the ups and downs
Opening remarks: Ljubiša Krgović, Central Bank of Montenegro
Ardian Fullani, Governor of the Central Bank of Albania
Kemal Kozarić, Governor of the Central Bank of Bosnia & Herzegovina
Petar Goshev, Governor of the National Bank of the Republic of Macedonia
Radovan Jelašić, Governor of the National Bank of Serbia
Dejan Šoškić, Council Chairman of the National Bank of Serbia
Giancarlo Miranda, Vice President of the Executive Board, Banca Intesa
Discussion Topics:
- Influence of the global crisis on banking sectors in the region.
- Measures in place to revive the banking sector
- Policy for mandatory reserves of central banks from the region
- Monetary policy and the real sector
- Crisis and the exchange rate of national currencies
- Similarities and differences among banking sectors of countries in the region.
- Can measures taken by the Central Banks of some countries be replicated in other countries in the region?
- Strengthening regional cooperation among central banks of countries in the region.
- Effects of the Vienna Initiative
- Measures for strengthening competition in the banking sector
- How can cross-border regulatory structures be improved?
- Operating results of banks in the region for 2009, and their plans for 2010.
- What suggestions do commercial banks have for the central monetary authorities in the region?
- Significance of the Central Banks’ control function and risk management in commercial banks
- Supervision over insurance, the role of the Central Bank – for and against?
- The path towards the EU-recommendations and suggestions
- Euro or local currency-pro’s and con’s
- Institutional investments in local commercial banks-experiences and suggestions
19:00 - 22:00 Networking Dinner & Cocktail