President Zeman proposes to merge Prague and Warsaw stock exchanges

On the second day of his official visit to Poland, Czech President Miloš Zeman proposed to merge the Prague and Warsaw stock exchanges. Speaking at a Polish-Czech business forum in the Polish capital, Mr Zeman said the merger would establish a strong, Warsaw-based central European exchange that would better compete with other exchanges. The head of the Prague exchange, Petr Kobliha, said negotiations had been underway for several months to connect the region’s various exchanges.