International Workshop on Monetary Policy in Central and Eastern Europe Held in Budva


A two-day international workshop on monetary policy in Central and Eastern Europe, organised by the Bank for International Settlements (BIS) with the support of the Central Bank of Montenegro (CBCG), ended today in Budva.

The topic of the workshop was the discussion on macroeconomic development in Central and Eastern European countries and on economic growth prospects, as well as on the financial sector development, financial stability and monetary, fiscal, and structural policies in said countries.

Opening the workshop, Governor Žugić has pointed out that Montenegro is aware of the importance of integration and committed to the continuous improvement of the institutional and regulatory framework, and that, following these aspirations, it designs and implements its policy. “With events like this one, that promote open dialogue and a proactive approach, we solve and overcome all the challenges and problems we face more quickly and easily,” the CBCG Governor added.

The participants at the workshop were the representatives of the European Central Bank, BIS, central banks of Albania, Austria, Bulgaria, Croatia, the Czech Republic, Estonia, Finland, Germany, Greece, Hungary, Italy, Latvia, Lithuania, Northern Macedonia, Poland, Romania, Slovakia, Slovenia, Turkey, and the representatives of the CBCG.

BIS is the oldest international financial organisation established in 1930 with headquarters in Basle, Switzerland. Its key role is to foster international monetary and financial cooperation and to mediate in financial transactions between central banks.