The capacity of the Macedonian banking system for handling the effects of the global financial crisis is fairly good and the Government should make an adjustment of the public spending to the growth of the gross domestic product and of the inflation and should make sure the denar exchange rate remains stable. These are the main conclusions of the public debate Wednesday entitled "Market Economies Under Pressure - Is There Light at the End of the Tunnel?"

"The Macedonian banking system withstood the first blow of the crisis, and remained stable and safe. However, the real sector has been strongly hit, and the worst of it is yet to come. The negative impact that this may have on the financial sector may produce serious problems. Therefore all policies should be directed toward keeping a fixed denar exchange rate," said National Bank Governor Petar Gosev before the present directors and representatives of Macedonian firms and experts from international financial institutions.

Finance Minister Trajko Slaveski said he wanted on this occasion to shatter all delusions contaminating the public recently.