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COOPERATION POSSIBLE BETWEEN ZAGREB, LJUBLJANA STOCK EXCHANGES

ZAGREB/LJUBLJANA, Aug 22 (Hina) - A decision on the ways of cooperation and possible business connection between the Zagreb and Ljubljana bourses will be made by the end of the year, if not earlier, Zagreb Stock Exchange director Marinko Papuga said today. There is agreement on the need for cooperation between the two stock exchanges, but the content has not yet been defined, Papuga said, adding there is interest for similar ties with the Budapest bourse. Ljubljana Stock Exchange director Drasko Veselinovic told a Slovenia daily "Finance" recently that the Zagreb and Ljubljana stock exchanges would sign a cooperation agreement by the end of the year, thus creating technical preconditions for biggest investments in bonds present at both stock markets. "This is so-called intertrading, which means that monitors in Slovenia would list all Croatian bonds in Zagreb, and vice ver
ZAGREB/LJUBLJANA, Aug 22 (Hina) - A decision on the ways of cooperation and possible business connection between the Zagreb and Ljubljana bourses will be made by the end of the year, if not earlier, Zagreb Stock Exchange director Marinko Papuga said today. There is agreement on the need for cooperation between the two stock exchanges, but the content has not yet been defined, Papuga said, adding there is interest for similar ties with the Budapest bourse. Ljubljana Stock Exchange director Drasko Veselinovic told a Slovenia daily "Finance" recently that the Zagreb and Ljubljana stock exchanges would sign a cooperation agreement by the end of the year, thus creating technical preconditions for biggest investments in bonds present at both stock markets. "This is so-called intertrading, which means that monitors in Slovenia would list all Croatian bonds in Zagreb, and vice versa," Veselinovic said. (hina) lml sb

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