The intensity of trading this week after Croatia started accession negotiations with the European Union, a rise in turnover and indices from both stock exchanges are a positive trend which is likely to attract again foreign investors, Miljenko Ficur said at the conference which was being held in the northern Croatian coastal resort of Novigrad.
In this segment, the conduct of the state authorities will be very important in the light of the announced privatisation of INA (oil company) on the market as well as a possibility for other companies to be privatised through such model, Ficur said.
Commenting on the performance of the Securities Exchange Commission and trends on the securities market this year, he said that big corporative debt issuances were not so present this year in comparison to 2004, while 2005 has been so far marked with corporative takeovers.
This year's conference has pooled 350 participants who will discuss the adjustment of the Croatian finance sector to EU standards, capacity of the Croatian finance system and prospects in insurance companies.