EBRD helps development of capital markets across the region

Source: Tanjug Monday, 07.07.2014. 16:01
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SEE Link, a joint venture of stock exchanges in Zagreb, Macedonia and Bulgaria, has joined forces with the European Bank for Reconstruction and Development (EBRD) to support the development of capital markets in that region.
As part of this cooperation, the EBRD has promised to donate EUR 540,000 for the establishment of an electronic system for trading in shares, while each of aforementioned stock exchanges is to invest EUR 80,000 in the strengthening of SEE Link, a platform used for trading in shares on these three stock exchanges, the EBRD said in a release.

According to this release, the EBRD is now focused on strengthening local capital markets as well as improving the use of local currencies in the countries this institution operates in order for these countries to start dealing with serious weaknesses in their transition economies as soon as possible.
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