st Session of the Baltic Assembly to discuss current affairs and cooperation of the Baltic States.
The 31
st Session of the Baltic Assembly and the 18
th Baltic Council focused on governmental reports tackling three topical issues: 1) actions to ensure regulative and supervisory cooperation mechanisms of the Nordic and Baltic financial markets. The issue of integrated and stable financial markets of the Baltic and Nordic countries has been profoundly discussed in the Baltic Assembly, and common financial stability concerns stemming from the potentially systemic inter-linkages between countries have been recognized, justifying enhanced cooperation in financial crisis prevention, management and resolution. 2) focus was on the Baltic cooperation in developing joint external economic policy and joint investment projects emphasizing the need for more joint and coordinated approaches of the Baltic States. Thirdly, the issue of current and future Baltic health-care projects, which was initiated by the Baltic Assembly, and stands out as a regional success story in the area of health care. 3) in addition to the governmental reports, the second part of the Session will focus on the topic of optimizing Baltic interests in the European Union: presidencies of the EU Council.