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“How to Manage Risks In a Period Of Financial Crisis?”

12. March 2009. | 10:15 10:18

Source: EMportal

Author: Jennifer Grubac, Marija Radulovic

Photo: Dragan Milošević

Petr Vins, General Manager for Central Europe at Moody’s Ratings Agency presented for the first time their newest research "Ratings in 2009 – Credit Uncertainties.” He was joined by experts from Microsoft, SAP, Ernst & Young, IFC, and Price Waterhouse Coopers.

At Ekonomist Media Groups seminar, “How to Manage Risks In a Period Of Financial Crisis?” several experts from Serbia and abroad shared their experience with the more than 100 participants of this event.

Petr Vins, General Manager for Central Europe at Moody’s Ratings Agency presented for the first time their newest research "Ratings in 2009 – Credit Uncertainties.” He was joined by experts from Microsoft, SAP, Ernst & Young, IFC, and Price Waterhouse Coopers.

"Croatia has positive prospects for the future rating since rating is affected by Euro-integrations as well”, Wins said at the conference “How to manage risks in the period of financial crisis”, organized by Ekonomist Media Group.

Peter Vins, General Manager of the Moody’s credit rating agency for Central Europe has announced that the Western Balkan countries could become EU members in 2017, while Croatia could be admitted in 2011 already.

Banks in Serbia are pretty stable since they have high reserves at the National Bank of Serbia, Vins said. “We believe the crisis will affect the Balkan countries, including Serbia, especially due to lower investments, both in the banking and corporate sector. Imports and exports will decrease,” Vins said.

He added that he couldn’t speak about the rating of Serbia, since no ratings had been performed for Serbia. According to his words, Serbia and Albania are the only countries not ranked by Moody’s, since they haven’t received a request for that from the two countries’ governments.

However, Serbia can be observed as part of the Western Balkans, he added.

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30. August - 05. September 2010.