In 2024 eight CEE stock exchanges – Bratislava Stock Exchange, Bucharest Stock Exchange, Budapest Stock Exchange, Bulgarian Stock Exchange, Ljubljana Stock Exchange, Macedonian Stock Exchange, Warsaw Stock Exchange and Zagreb Stock Exchange – together with the European Bank for Reconstruction and Development, joined forces to strengthen the role of regional capital markets and accelerate their development.

As part of the European Commission’s public consultation on the Savings and Investments Union (SIU) and the Market Integration and Supervision Package (MISP), these eight exchanges have submitted a joint position paper, emphasising a common regional perspective.

Well-functioning capital markets are essential for mobilising savings, financing innovation, and driving long-term growth.

Regulated markets play a crucial role in providing financing to companies in the region and therefore must remain at the core of Europe’s financial system, ensuring transparency, investor confidence, and efficient price formation – all critical to channel savings into productive investment.

At the same time, a truly integrated European capital market must work for all – across different market sizes, liquidity levels, and stages of development.