Stock exchanges search for strategic partners

Mar 13, 2003
Daniel Aronssohn

VIENNAAlready more than 10-years-old, the stock exchanges of Central Europe's former communist states can only boast a fistful of big companies and are searching for alliance partners to help them find their feet.When they were formed in the early 1990s, the stock exchanges of Prague, Warsaw, Budapest and other countries in the region were magnets for eager foreign investors.But the rush ended with the Russian financial crisis of 1998 and the general run from emerging markets. The volumes of tra ...

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