The meeting between EU finance ministers and finance ministers and central bank governors of the candidate countries was held in Brussels on May 6 2014. The meeting was organized in the form of a working lunch in the margins of the EU Economic and Financial Affairs Council (ECOFIN). The Serbian delegation was composed of representatives of the Ministry of Finance and the National Bank of Serbia and led by minister of finance Mr. Lazar Krstic. It was pointed out that the EU finance ministers and the European Central Bank (ECB) representatives recognize the efforts of Serbia for fiscal stabilization and strengthening of sustainable economic growth. Krstic confirmed to the EU counterparts commitment to European integration and economic reforms of the new Serbian government. He pointed out that stable growth based on exports, reduction of the deficit and strengthening the financial stability are some of the government objectives for coming years. Moreover, plan for the next three to four years is to face a serious and profound reform of public enterprises, restructuration of 157 state owned companies and consolidation of state-owned shares in the financial sector. Tasks for the new government are also adoption of the Labour law, control of state aid in line with EU rules, as well as establishing stricter fiscal discipline in the public sector in general. Minister Krstic in addition said that one of the major tasks in the following period for Serbia is the public administration reform.