Stock Exchanges of Cyprus and Romania sign MoU

The Cyprus Stock Exchange (CSE) signed on Thursday a Memorandum of Understanding in Nicosia with the Bucharest Stock Exchange, in the context of the general strategy of the CSE for regional development and cooperation with neighbouring stock exchanges.
The CSE announced that it has set an aim, through strategic planning and initiatives for development, to play a significant role in the region concerning stock exchange issues.
The Memorandum provides the two stock exchanges the capacity to formalise and expand their cooperation to a broad range of issues of mutual interest.
In planning this initiative, the CSE took into account the close economic and commercial ties between the two countries, which have been developing over the years.