The Warsaw Stock Exchange (WSE) needs a strategic investor for its development and such an investor could come from the United States, according to Treasury minister Jacek Socha. Such an investor might be found in Europe, but I think I would have no problem imagining that this investor could come from outside the European Union, Socha said at a meeting of the American Chamber of Commerce in Poland on Wednesday. Privatisation of WSE is one of the foundations of the ÒCapital Market Development Strategy - Agenda Warsaw City 2010Ó, adopted by the government in April. The strategy assumes that in 2010, the ratio of the Polish capital market capitalisation (including WSE and the over-the-counter CeTO market, as well as alternative markets) to GDP should be comparable with the European UnionÕs average, and amount to over 50%, as compared to about 21% at the end of 2003. Earlier, interest in investing in WSE had been expressed by the pan-European bourse Euronext.
American stock exchange might become strategic investor in Warsaws bourse