ICI PARTICIPATED  AT  THE  VIENNA ECONOMIC TALKS
- The Financial Market Crisis: Effects and Implications for South-Eastern Europe, 27 February 2009, Vienna, Austria

                   
Vienna Economic Forum was organised in cooperation with Oesterreichische Nationalbank.The meeting was opened by Dr. Peter Zöllner, Director of Oesterreichische Nationalbank, who in his Welcome Statement said he is glad to see Oesterreichische Nationalbank as the host of such an important meeting of the region of South-Eastern Europe and to welcome many Governors of the region of Vienna Economic Forum.
 
Secretary General Ambassador Dr. Elena Kirtcheva in her Statement was proud to introduce the newly created Vienna Economic Forum Governors Committee.
 
The Governors Committee was established with the official support from the Governors of the  Member Countries of Vienna Economic Forum (Austria, Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Macedonia, Moldova, Montenegro, Serbia and Slovenia) with the aim to encourage the meeting and cooperation of the institutions and persons, whose positions, capacities and knowledge are in demand today.
 
The Sessions in the first half of the day were  

SESSION 1: Global Financial Market Crisis: Spill-over Effects on CESEE Economies
SESSION 2: Financial and Banking Sector Developments in CESEE

In the afternoon the Panel Discussion: “The Financial Market Crisis: Current Challenges and Future Perspectives” was moderated by Dr. Erhard Busek, President of Vienna Economic Forum. Dr. Busek underlined the importance of such a meeting to increase the exchange of experience amongst experts and clearly define a strategy.
 
In the Round Table with the Governors of the National Banks of the Region of South-East Europe, Members of the Governors Committee of Vienna Economic Forum, Vienna Economic Forum could welcome the following Governors and one Vice Governor of the region:

Ewald NOWOTNY, Governor, Oesterreichische Nationalbank
Ardian FULLANI , Governor, National Bank of Albania
Ivan ISKROV, Governor, National Bank of Bulgaria
Petar GOSHEV, Governor, National Bank of the Republic of Macedonia
Ljubiša KRGOVIC, Governor, National Bank of Montenegro
Victor CIBOTARU, First Vice Governor, National Bank of the Republic of Moldova

The concept of cooperation is the concept of Vienna Economic Forum which has been successfully experienced in the last five years since its founding. Following the wish of many participants of the meeting for further cooperation, Ambassador Dr. Kirtcheva stated she is convinced that cooperation is the key word, and the need for cooperation, especially in times like these, is even more evident.  And this meeting should be only the beginning of a series of meetings on current topics which require close cooperation and further development. Vienna Economic Forum remains committed organizing such meetings.

                                       


The President of the International Council of Investors, Mr. Aristides Vlachos took an active participation in the event, cooperating in all of its sessions.