25-10-2018 - Bucharest (RO)

Monetary Commission: Convergence towards euro enlargement

The Danube Triangle Conference in Bucharest -October 25th, 2018 – National Bank of Romania

(Preliminary Program)

The main topic of the conference is: "Convergence towards euro enlargement"

The conference will be preceded by a welcome dinner on the 24th of October (7:00 pm - 9:00 pm), hosted by the National Bank of Romania.


Venue of the welcome dinner:NBR T raining and Social Events Facility Center (42, Dr Nicolae D. Staicovici Str, Sector 5 – Bucharest)

 Venue of the Conference: National Bank of Romania - Mitita Constantinescu  Room (8 Doamnei Street, 030031 Bucharest)


Chairman of the Conference: Dr. Wim Boonstra, President of ELEC International’s Monetary Commission, Special Economic Adviser at Rabobank Utrecht, Professor of Money and Banking at VU University, Amsterdam


Official language of the Conference: English, with no translation into any other language



09:00: Opening Session 

  • Mr. Radu Deac, President of ELEC Romania: Opening address
  • Dr. Mugur Isărescu, Governor of the National Bank of Romania: Welcoming address
  • Dr. Wim Boonstra, President of ELEC International’s Monetary Commission


9:30 -11:00: Key – note speech and 1st Panel

Key–note Speaker for the 1st Panel: Governor Mugur Isărescu, National Bank of Romania

Moderator of the 1st Panel: Mr. Franz Nauschnigg, Head of European Affairs and International Financial Organizations Division, National Bank of Austria, Secretary General of ELEC Austria

1stPanel: Convergence through structural reforms: what changes in labor markets, in goods and services markets, in the enforcement of competition and in improvement of the investment climate as well as in the building blocks of the banking union and the capital markets union are needed to pave the way to euro accession.

Members of the 1st Panel:

  • Ms Mary Veronica Tovsak Pleterski, Director , Investment, growth and structural reforms, ECFIN.
  • Mr Cosmin Marinescu, Presidential Advisor, Romanian Presidency
  • Mr Viorel Stefan, Vice Prime Minister, Romanian Government (tbc)
  • Mr Bogdan Chiritoiu, President of the Competition Council, Romania
  • Mr Mihai Daraban, President of the Romanian Chamber of Commerce and Industry




11:00 – 11:30: Coffee Break  


11:30 - 13:00: Key – note speech & 2nd Panel:

Key–note Speaker for the 2nd Panel: Governor Ewald Nowotny, National Bank of Austria, video message                        

Moderator of the 2nd Panel: Mr. Valentin Lazea, Chief Economist, National Bank of Romania

2nd Panel: Convergence through macro-economic and macro prudential reforms: what fiscal and monetary policies, in both € candidate countries and countries already in the euro-zone, would be most helpful to prepare € enlargement ?

Members of the 2nd Panel:

  • Mr Lucio Pench, Director, Fiscal Policy and Policy Mix, ECFIN
  • Mr Eugen Teodorovici, Minister of Public Finances, Romania (tbc)
  • Mr Iliya Lingorski, Chief Economist of the Bulgarian Development Bank, founding member and President of ELEC Bulgaria
  • Mr Leonardo Badea, President of the Financial Supervisory Authority, Romania
  • Mr Eugen Radulescu, Director, Financial Stability Department, National Bank of Romania




13:00 - 14:30: Key – note speech & 3rd Panel:

Key–note Speaker for the 3rd Panel: Governor Dimitar Radev, National Bank of Bulgaria, video message (tbc)

Moderator of the 3rd Panel: Dr. Wim Boonstra, President of ELEC International’s Monetary Commission, Special Economic Adviser at Rabobank Utrecht, Professor of Money and Banking at VU University, Amsterdam

3rd Panel: Bulgaria’s and Romania’s efforts towards euro enlargement: the challenges posed by European Banking and Capital Market Unions and ERM II membership

Members of the 3rd Panel:

  • Assoc. Prof. Teodor Sedlarski, Dean – Faculty of Economics and Business Administration, Sofia University
  • Mr Vassil Karaivanov, President, Bulgarian Macroeconomics Association, Sofia, Secretary General of ELEC Bulgaria
  • Mrs Mirela Iovu, VP of CEC Bank SA Romania, founding member and Secretary General of ELEC Romania
  • Mr Sergiu Oprescu, CEO of Alpha Bank Romania SA, President of the Romanian Bankers Association, founding member and member of the Board of ELEC Romania




14:30 – 15:00: Conclusions: Baron Bernard Snoy, President of ELEC International


15:30 – 16:30:  Walking Lunch


19.30 – 22.30: Relaxing dinner at Restaurant Isoletta (tbc & subject to subsequent confirmation due to limited seats)


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