Q:
A:
Securities investment risk reduced
Belgrade,
6 June 2005
Serbian Deputy Prime Minister Miroljub Labus said today that flows on the Serbian capital market are favourable and that the risk of investing in securities is much lower than three years ago.
Author:
Tanjug
Opening the first annual conference themed "The Future of the Capital Market in the Balkans", Labus said that the capital market must be developed much more rapidly and secure better functioning of institutions such as the Securities Commission, the Central Register and the Belgrade Stock Exchange.
He said that Serbia's legal system is still not developed enough and that there are voids that give space for different interpretations, which is a big problem, first and foremost for foreign investors.
The Deputy Prime Minister pointed to positive flows at the Belgrade Stock Exchange, where now the trade in shares is larger than in bonds. Also, he explained that long-term securities are being given priority over short-term ones.
Labus announced the adoption of several laws, notably on securities, investment funds, and private pension funds, all of which will be harmonised with EU regulations.
On the development of the capital market in the Balkans, Labus said that an idea has been put forth under which individual free trade agreements between countries would be replaced by a singular trade agreement, which would in turn encourage the formation of a regional capital market.
The conference has been organised by the Ekonomist magazine and is being attended by many prominent experts from the entire region, finance ministers, presidents of securities commissions, presidents of central registers and stock exchanges and leading figures of major brokerage firms.
He said that Serbia's legal system is still not developed enough and that there are voids that give space for different interpretations, which is a big problem, first and foremost for foreign investors.
The Deputy Prime Minister pointed to positive flows at the Belgrade Stock Exchange, where now the trade in shares is larger than in bonds. Also, he explained that long-term securities are being given priority over short-term ones.
Labus announced the adoption of several laws, notably on securities, investment funds, and private pension funds, all of which will be harmonised with EU regulations.
On the development of the capital market in the Balkans, Labus said that an idea has been put forth under which individual free trade agreements between countries would be replaced by a singular trade agreement, which would in turn encourage the formation of a regional capital market.
The conference has been organised by the Ekonomist magazine and is being attended by many prominent experts from the entire region, finance ministers, presidents of securities commissions, presidents of central registers and stock exchanges and leading figures of major brokerage firms.
-
Kostolac, 14 July 2025First solar power plant Petka in Kostolac put into trial operation
-
Belgrade, 11 July 2025Potential for improving cooperation with Belarus in many areas
-
Požega, 5 July 2025Section of Pakovraće - Požega highway officially opened
-
Belgrade, 2 July 2025Technical specifications defined for Serbia-Hungary oil pipeline
-
Belgrade, 30 June 2025IMF confirms Serbia successfully implementing all agreed reforms
-
Belgrade, 27 June 2025Double Taxation Avoidance Agreement with Germany signed
-
Kostolac, 25 June 2025Construction of Kostolac wind farm nearing completion
-
Belgrade, 24 June 2025Government supports request for new postponement of sanctions against NIS
-
Belgrade, 23 June 2025Procedures to facilitate sale of Serbian products to China to be accelerated
-
Belgrade, 21 June 2025Serbia receives first funds under Growth Plan for the Western Balkans