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German Finance Minister Philipp Rösler aims "relaunch the Neuer Markt" to facilitate the financing and development of the country’s Internet start-ups, notes Handelsblatt.
According to the daily, representatives of the Ministry of Economics, the country’s stock market, and venture capital organisation "Deutsche Startups" met in June and August to discuss new means to provide finance for start-ups, which will once again be quoted on the "Neuer Markt" stock exchange index. The daily reminds its readers that the original Neuer Markt index was suspended 10 years ago, "in the wake of a series of scandals and plummeting share prices."
The "new new market", which is set to open in 2014, will mainly target institutional investors, adds Handelsblatt.
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