Image by Nevena Krasteva

SEE bourse operators pin hopes on sale of state-owned stakes to boost liquidity

Struggling to break the deadlock of low liquidity – an inherent problem for the SEE equity markets, aggravated further in recent years by the exit of big foreign investors and the high risk aversion of local players – the bourses’ CEOs see hope in the privatisation of state-held stakes. At the same time, in a bid to broaden their perspectives beyond their national horizons, they are continuing to make steps towards tighter regional cooperation.