was established in 1999, in Sofia, Bulgaria in the framework of the to address the date change problem (Y2K). The that stood before the regional Y2K cooperation was to ensure that cross-border systems in sectors such as power supply, trunk communications and the common system of control over the transport and the air traffic would function normally during the rollover period.
The main goal of plan and coordinate mutual Y2K actions with similar regional and coordination structures, to provide assistance for the effective risk assessment, , PR and crisis management. In its activities the Center put an emphasis on provision of ongoing capacity building support, as well as the active communication among the National Y2K Coordination Centres in the region, and between them and the International Y2K Cooperation Centre. For the the Center developed special web-based monitoring system covering all countries of the region, to ensure the constant information exchange and to enable coordination of actions in case of emergency.e was to
In the the Regional Y2K Coordination Centre benefited from the support provided by Dev and .
At the of the Y2K initiative the representatives of the countries from Central and Eastern Europe and Central Asia considered the continuation of their cooperation for large-scale deployment of the information technologies in all spheres of human life in their countries and the region as a whole.
The organisation was transformed in 2001 into CENTRE FOR POLICY MODERNISATION. Its objectives now are focused on the issues of , as an instrument for economic and social development of the countries in the region and for the establishment of their position in the global society.