From 1999 until April 2004, the primary geographical focus of the Partners for Financial Stability (PFS) Program was the eight Central and Eastern European (CEE) countries that joined the European Union (EU) on May 1, 2004. Individuals and institutions from several South Eastern European (SEE) countries participated in PFS Program activities on an ad hoc basis.
Since May 1, 2004 the PFS Program has been analyzing the possibility of launching new activities in the following South Eastern European (CEE) countries: Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Kosovo, Macedonia, Romania and Serbia & Montenegro.