Macroeconomic retrospective and outstanding challenges for Slovenia
LECTURE INVITATION
István P. Székely, Country Director in the Directorate General for Economic and Financial Affairs of the European Commission, ECFIN,
has the pleasure to welcome you to a lecture entitled
Macroeconomic retrospective and outstanding challenges for Slovenia.
The event will take place at the Faculty of Economics, University of Ljubljana,
on 4th of June 2015 at 14.30 p.m. in Lila hall.
The presentation will look back at the economic developments in Slovenia since the end of the transition period. The presentation will focus on the run up to the crisis accompanied by a build-up of internal and external imbalances, the emergence of these imbalances and the subsequent post-crisis consequences and unravelling. It will explain the role of European Institutions in the process and outline the EU framework for economic governance and surveillance. Slovenia has agreed an action plan with the EU institutions , which helped to avoid a financial assistance programme. The action plan incorporated measures regarding banking sector stabilisation, corporate sector deleveraging and restructuring, privatisation and management of State-Owned Enterprises, reforming the labour market, restoring competitiveness, improving the business environment and investment, as well as ensuring fiscal policy and long-term sustainability. The presentation will show the progress made in these areas reflected in the first signs of adjustment and conclude by outlining the outstanding challenges.
Biography:
“István P. Székely is a Country Director in the Directorate General for Economic and Financial Affairs of the European Commission, ECFIN.
Dr. Székely is responsible for the surveillance of 9 EU member states including Slovenia. He manages and coordinates ECFIN’s input into the Excessive Deficit Procedure, Macroeconomic Imbalance procedure, and the Country-Specific Recommendations within the European Semester regarding macroeconomic and budgetary policies for these countries.
Before joining the Commission in 2007, he worked as mission chief at the International Monetary Fund (IMF). From 1996 to 1999 he served as general manager and advisor to the governor of the National Bank of Hungary.
Mr. Székely holds a PhD degree in economics from the University of Cambridge and is honorary professor at the Corvinus University of Budapest. His research focuses on financial market and macroeconomic policy issues, and on the economies of Central and Eastern Europe. He has published various books and articles in these areas.”
http://www.researchgate.net/profile/Istvan_Szekely2
The lecture is open to all interested persons, please register by writing to: info@ef.uni-lj.si.
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