I can personally confirm that at the National Bank of Serbia which I head for the sixth year there are no quotas for the promotion of women to managing positions. The persons currently heading the Bank’s organisational parts are experts with considerable experience.
The global crisis, which halted more than a decade of sustained growth in most countries of the region, has demonstrated that economic convergence in Europe is neither an inevitable nor an automatic process. Prior to the crisis, most of South East Europe was characterized by relatively high growth, based mainly on consumption spending, private and public.