Finance Ministers from eight economies in South, East and Central Europe will meet in Vienna on December 3 in support of a unique regional action plan that will increase stability in their country economies and help support their accession to the EU by accelerating reforms in corporate financial reporting and auditing. The conference, hosted by the World Bank’s Centre for Financial Reporting Reform will include the Finance Ministers from Albania, Bosnia & Herzegovina, Croatia, Kosovo, Macedonia, Moldova, Montenegro and Serbia.
The Ministries support the jointly developed “Road to Europe – Program of Accounting Reform and Institutional Strengthening” (REPARIS) plan for the period 2009-2013. The action plan seeks to urgently assist each economy in overcoming the current financial crisis, by improving the climate for internal and external investment, which is important for job creation and economic growth.