Dear Madams and Sirs, We have the pleasure of inviting you to the 77th East Jour Fixe of the Oesterreichische Nationalbank (OeNB) on the topic of “Russia – economic turmoil and policy options,” which will take place on May 29, 2015. The East Jour Fixe was initiated by the OeNB in 1991. It is a discussion forum on economic reforms and developments in Central, Eastern and Southeastern Europe (CESEE). The 77th East Jour Fixe will focus on Russia’s economic policy challenges and options against the background of the country’s current and likely longer lasting economic turmoil, which has laid bare the vulnerabilities of the Russian economy. In session 1, we will therefore discuss structural reform needs and how to use FDI more efficiently. In session 2, we will then explore ways to safeguard banking sector stability and buttress monetary policy. Finally, session 3 will deal with Russia’s recent recalibration of its external economic policy orientation and the options ahead. Please find the program attached to this e-mail. We kindly ask you to register not later than May 20, 2015 either by e-mail (event-management@oenb.at<mailto:event-management@oenb.at>) or phone to (+43-1) 40420-6616. We have also attached a separate hotel reservation form: Please return it directly to the indicated fax number of Hotel Mercure Josefshof Wien by April 27, 2015 at the latest. After this date, room availability cannot be guaranteed. If you are unable to attend the 77th East Jour Fixe, we would kindly ask you to forward the invitation to another representative or colleague whom you may want to nominate. Should you have any organizational questions, please do not hesitate to contact us by e-mail (event-management@oenb.at<mailto:event-management@oenb.at>) or phone (+43-1-40420-6616). Yours sincerely, Event-Management --------------------------- Oesterreichische Nationalbank Abteilung für Öffentlichkeitsarbeit und Finanzbildung Communications and Financial Literacy Division Phone: +43-1-404 20-6620 Fax: +43-1-404 20-04 6697 E-mail: Event-Management@oenb.at<mailto:Event-Management@oenb.at>