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Albania's membership in SEPA, the EU ambassador: Fulfills one of the main objectives of BSH for integration!

2024-11-22 12:07:11Biznes SHKRUAR NGA REDAKSIA VOX
Albania's membership in SEPA, the EU ambassador: Fulfills one of the main
Silvio Gonzato/ Gent Sejko

The Governor of the Bank of Albania, Gent Sejko , received the Ambassador of the Delegation of the European Union in Albania, Silvio Gonzato , yesterday in a courtesy meeting at the Bank of Albania .

During this meeting, Governor Sejko expressed his gratitude to Ambassador Gonzato for the official opening of negotiations for the first Group-Chapter with the European Union (EU), which marks a historic moment in Albania's journey towards integration with the EU.

Also, the Governor thanked Mr. Gonzato for the technical assistance that the EU has provided for strengthening the capacities of the Bank of Albania through IPA funds and Twinning programs, in important areas of central banking such as macroeconomic and financial stability, auditing, supervision and payment systems, in support of its preparations for membership in the European System of Central Banks and then in the Eurosystem.

The Governor and the Ambassador discussed the progress made by Albania and the challenges faced by the countries that aspire to become members of the EU, simultaneously outlining the approach of the European Commission to guide and support the enlargement process.

Ambassador Gonzato congratulated Governor Sejko for the acceptance of Albania in the SEPA geographical area under the leadership and coordination of the Bank of Albania, as part of the regional project "For the modernization of payment systems in the countries of the Western Balkans".

He emphasized that with this membership, the Bank of Albania successfully fulfills one of its main ambitions within the European integration process.

During the conversation, Governor Sejko introduced the interlocutor to the economic panorama in Albania, where he emphasized that despite the challenging situations, the economic performance in the country appears stable and with very good indicators.

Governor Sejko emphasized that the focus of economic policies during this period has been oriented towards maintaining price stability, adapting the stance of monetary policy, as a prerequisite for maintaining the financial stability of our country and guaranteeing price stability in the country.

Furthermore, Governor Sejko stated that the Bank of Albania considers that the comprehensive regulatory, legal and institutional reforms undertaken within the European Union integration process offer a complete and consistent platform for addressing the challenges.

The Ambassador congratulated Governor Sejko for the progress made in terms of economic development and especially for the opening of negotiations with the European Union for the first group-chapter.

Fulfilling the membership criteria leads to the comprehensive political, social and economic development of the country.

He appreciated the work done mainly for Chapter 4 "Free Movement of Capital" and Chapter 17 "Economic and Monetary Policy", which are managed by the Bank of Albania, but also the latter's contribution to other chapters in which it participates, such as and underlined the assessment of the European Commission in relation to the process of approximation according to the chapters of the EU acquis, which was found in the last progress report.

Among other things, Ambassador Gonzato appreciated the work done by the Bank of Albania in terms of successfully facing challenges and guaranteeing financial stability in the country, as an important prerequisite for investors, with the aim of developing and increasing trade exchanges and foreign investments. in Albania.

Ambassador Gonzato confirmed the will to further increase EU cooperation and support for the Bank of Albania through technical assistance in various areas of central banking and undertaking joint projects in the future./ Monitor


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