TIRANA, Sept 17 (Reuters) - Several Balkan central bankers called on Thursday for the region's countries to unify their stock markets into a single exchange as a way of preparing for eventual European integration. 'Taking into consideration how small all of these different countries are and how small the market cap is of all of these markets, it would definitely be a very good thing,' Serbian central banker Radovan Jelasic told Reuters in an interview.
Several of the Balkan countries still far off from joining the European Union have their own stock exchanges, including Serbia, Bosnia, Montenegro and Macedonia. Albania, where investors were badly scarred by the pyramid scandals of the 1990s, is considering starting its own exchange.
Jelasic spoke during a break at a conference of central bankers in the Albanian capital Tirana, where several other participants concurred with the idea. 'Bosnia Herzegovina is a small market and we have two stock exchanges ... I think a regional stock exchange is possible and we need that,' Bosnia central bank governor Kemal Kozaric said in an interview. 'It's not our responsibility, but we are talking about it.'
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment