Today and tomorrow, Anita Angelovska Bezhoska, Governor of the National Bank of the Republic of Macedonia, will participate in the Conference on European Economic Integration, organized for the fifteenth time by Oesterreichische Nationalbank. This conference is considered one of the most significant events in the central banking community that traditionally tackles issues crucial for the European economy.
This year’s Conference is focused on How to Finance Cohesion in Europe? The next two days, in Vienna, governors and other high representatives of central banks, professors and researchers at renowned universities and research centers, as well as representatives of international financial institutions and organizations will discuss how financial flows can help the European Union fulfill its mandate to promote economic, social and territorial cohesion and solidarity among member states.
Special attention will also be paid to the issue of how to best advance and fund the convergence of economies in the euro area and in Central, Eastern and Southeastern Europe (CESEE). The panel, at which the NBRM Governor is invited as a speaker, will focus on the role of the monetary policy in this convergence. Besides Governor Angelovska Bezhoska, presentations on this topic will also be given by the governors of the central banks of Romania and Bulgaria, Mugur Isărescu and Dimitar Radev. This panel will immediately follow the opening of the Conference, where besides Ewald Nowotny, Governor of Oesterreichische Nationalbank, and Hartwig Löger, Austrian Federal Minister of Finance, address will be given by Benoît Cœuré, member of the Executive Board of the European Central Bank.
The Conference will also cover other issues important for the European economy such as whether and how to stem deindustrialization in CESEE and the euro area, how the EU’s regional policy can better meet persistent investment needs, which policies can incentivize investors to contribute to economic and social development and what institutional and structural changes can raise EU countries’ capacity to absorb funds.
Governor Angelovska Bezhoska, who is the only high representative of a non-EU institution among the conference speakers, will be actively involved in the discussion of some of these issues. Her participation in this event is yet another confirmation that the NBRM successfully follows the path leading to the European System of Central Banks.