BELGRADE, Dec 11 (Hina) - Nine south-east European stock markets on Wednesday signed a protocol on an education consortium of financial markets, which establishes foundations for communication and the development of cooperation based
on the centralised market business model. The protocol was signed at the end of a two-day regional conference on the development of the financial market, held in Belgrade.
BELGRADE, Dec 11 (Hina) - Nine south-east European stock markets on
Wednesday signed a protocol on an education consortium of financial
markets, which establishes foundations for communication and the
development of cooperation based on the centralised market
business model. The protocol was signed at the end of a two-day
regional conference on the development of the financial market,
held in Belgrade. #L#
The document was signed by Belgrade, Ljubljana, Athens, Banja Luka,
Bucharest, Bulgarian, Macedonian, Zagreb and Nex Montenegro stock
markets.
A statement released at the end of the conference notes that the
establishment of the consortium for the promotion of financial
analyses, with the support and partnership of international
institutions, will enable countries in south-east Europe to
establish, by using their own potential, a region with professional
personnel and recognisable business qualifications.
Participants in the conference also stated that stockholders'
rights should be additionally regulated and improved with legal
standards, while stock market regulations should be adjusted to the
European Union standards.
(hina) rml