Wednesday, November 15, 2006

Macedonia’s Prime Minister Attends Vienna Economic Forum

Skopje/Vienna. Macedonia’s Prime Minister Nikola Gruevski will give an address on Tuesday at the Vienna Economic Forum, the Macedonian MRT informs.
According to the announcements, Gruevski will meet with the Austrian President Heinz Fischer and Chancellor Wolfgang Schuessel.
Macedonian Finance Minister Trajko Slaveski, and Minister for Foreign Investments Gligor Taskovic will also be part of the Macedonian visiting delegation.
Representatives of Serbia, Montenegro, Croatia, Slovenia, Bosnia and Herzegovina, Bulgaria, Romania, Turkey and the host Austria, are taking part at the forum.
MRT reminds that Finance Minister Trajko Slaveski delivered an address Monday at the Economic Forum on the topic - Development of Banks and Insurance Systems and Importance of Long-term Financing from Macedonian Viewpoint.
Banking is a dominant part of the finance system and covers over 90% of the total assets, Slaveski in his speech. He added that reinforcement of finance sector was underway, encouragement of small banks to merge as well as liberalisation of foreign bank's entry.
Slaveski announced amendments of Law on Banks to be adopted by the end of the year given the reforms.
Minister without portfolio in charge of foreign investments Gligor Taskovic addressed the energy round-table. He presented Macedonia's investment opportunities to the Austrian companies.
PM Nikola Gruevski is due to address at the Austrian Federation of Industry.

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