Eight European Countries, Including Slovakia, Plan to Link Their Stock Exchanges

Zagreb, 25 August (TASR) - Eight Central and Southern European countries, including Slovakia, Croatia, Bulgaria, Hungary, North Macedonia, Poland, Romania and Slovenia, are joining a project to connect their capital markets, TASR has learnt from Finance Minister Ladislav Kamenicky's (Smer-SD) post on a social network, who signed a memorandum on cooperation on behalf of Slovakia in Zagreb, Croatia on Monday. Kamenicky pointed out that the Savings and Investment Union, whose older name is the Capital Markets Union, has been discussed at the European level for years, but negotiations are still ongoing. "I feel as if some leaders are looking for more obstacles than real solutions. I'm glad that the Croatian initiative has managed to bring together eight countries into a common regional solution, in which I can feel a real interest in putting it into practice," said Kamenicky. According to him, the agreed cooperation creates stronger links between the stock exchanges and financial institutions of the participating countries in order to connect them. This should make it much easier for investors from these countries to invest in Slovakia and vice versa. am/mcs