章節 1302: Chapter 1302: Angling for Austria
'Minister Myron, I have important news to report to you that may be of great help to us,'
Troy Worbol said hurriedly as soon as he entered Ulysses Myron's office.
'Oh?'
'What is the news?'
Ulysses Myron paused, put down his pen, and looked at Troy Volpe with burning eyes and asked:
'George Berkeley, the president of the British Bright Fund, is currently staying in Vienna. If we can convince him to fully support our financial market reforms, it will be of great help to us,'
Troy Volpe hurriedly said.
In February, the stock prices on the Vienna Stock Exchange plummeted across the board, which not only made investors feel cold, but also completely woke up the Austrian government.
The Austrian government has realised that Austria needs a vibrant capital market to help it develop better.
So after discussion at the top, the government has made a decision that change is necessary, and the responsibility naturally falls on the Ministry of Finance's Financial Market Authority.
To this end, the Financial Market Authority has discussed the matter many times and come up with several plans.
One of the proposals was to change the relevant policies and introduce strong securities dealers to boost the Austrian stock market. After gaining a reputation, it would attract more capital inflows, which would in turn promote the listing of a number of high-quality enterprises, thus forming a virtuous cycle.
However, there was a huge problem with this proposal: given the situation of the Austrian stock market, why would foreign financial giants come to Vienna?
The current Vienna Stock Exchange was not attractive to those financial giants.
With less than 30 stocks, it could easily be blown up.
Trading hours are less than a few hours a week, and there is no infrastructure for trading stocks at all.
Troy Warpole has visited financial giants in West Germany and France, but none of the companies are interested.
This time, George Berkeley, the president of Bright Fund, came to Austria on his own initiative, which was definitely a surprise.
Although, for the time being, it is not known what his purpose of coming to Austria is...
'No matter what his purpose of coming to Austria is, we must talk to him!'
Ulysses Myron said decisively.
Decisions are made and actions are taken.
After contacting George Berkeley through other people, Ulysses Meulen went to the Intercontinental Hotel Vienna, where George Berkeley was staying, that afternoon.
After some small talk, everyone sat down separately.
George Berkeley smiled at Ulysses Meulen and asked, with a pretence of puzzlement, 'Mr Meulen, what is the reason for your seeking an audience with me?'
Ulysses Meulen smiled in response, did not hide it, and went straight to the point, saying, "President Berkeley, are you in Austria to set up a branch?'
George Berkeley laughed helplessly and shook his head, saying, "I had this plan at first, but after seeing the real situation in Austria, I cancelled it.'
'Austria is a desert for capital!'
This comment immediately made Ulysses Meulen anxious.
He hurriedly said, 'President Berkeley, that was before. We have realised that Austria needs a thriving capital market, and we are actively making changes now. If you set up a branch in Austria, I think you will definitely not be disappointed.'
'Yes, President Berkeley, we have already drawn up a new system, and it is just waiting to be submitted for approval. If you don't believe me, you can have a look.'
Troy Warpole, Chairman of the Vienna Stock Exchange, also added, 'I've got a drink in my hand, and I've got a prepared plan in my bag. I'll take it out, put it on the table, and push it in front of George Berkeley.
When the documents were pushed in front of him, George Berkeley naturally did not lose face. He picked them up and flipped through them roughly. Indeed, they were the operating and management mechanisms of the Vienna Stock Exchange, which had undergone earth-shaking changes compared to the status quo, but were actually not much different from those in the UK.
He couldn't help but think to himself that the boss's strategic vision was too accurate.
Then he put the plan down and commented with a smile, 'The plan is very good, but a successful stock exchange doesn't just have a system in place. I believe that any country in the world can come up with a similar plan.'
'But there aren't many countries that have successful stock exchanges. I think you two gentlemen know exactly why that is.'
'As things stand, I don't see a future for the Austrian financial market.'
'Setting up a branch in Austria would most likely result in losses. The chances of success are too slim.'
He already knew that the Austrian government was in a hurry, and the more urgent it was, the less urgent he felt.
He had to get more benefits!
George Berkeley's brain started working quickly, thinking about how to fleece the Austrian government.
Ulysses Meulen was a little frustrated, but he was not giving up hope. As long as George Berkeley did not rule it out, there was still a chance.
He continued to persuade, 'President Berkeley, we are aware of the situation you are considering, but I think that with the reputation of the Bright Fund in Europe, as long as it can come to the Vienna Stock Exchange, I believe it will definitely attract other capital to pour in. The sooner you enter the market, the more generous the returns will be.'
'Of course, we will also fully assist you and will definitely not let your company lose money.'
George Berkeley looked at Ulysses Myron with a smile, and said, 'Mr. Myron, what you said is somewhat attractive, but it is not enough to make me decide.'
'You plan to use the influence of our Bright Fund, but the risk is on us. You don't have enough leverage.'
George Berkeley's tone became even more relaxed!
Ulysses Myron and Troy Walpole were surprised.
Ulysses Mellen immediately said, 'President Berkeley, what measures do you think we need to take before you are willing to cooperate with us?'
'Please be assured that we have an unparalleled sincerity!'
George Berkeley looked at Ulysses Mellen in surprise, and then his face became more solemn.
'Mr. Mellen, I can feel your sincerity.'
'I'm suddenly interested.'
'If you can come up with something that appeals to me, I might be willing to take a huge risk and do my best to help you create a successful capital market.'
Ulysses Meulen was overjoyed and hurriedly asked, 'Really?'
'President Berkeley, what do you need?'
George Berkeley shook his head with a smile and said, 'Mr. Myron, don't worry, I'm suddenly interested too, but I haven't thought of anything yet.'
After a moment's thought, he continued, "How about this, let me think about it clearly today, and at the same time, I will ask my subordinates to study how to make it possible to succeed, including what success factors you need to provide me with.'
'President Berkeley, how long will that take?" Ulysses Myron hurriedly asked.
George Berkeley frowned and thought for a while, as if planning a specific time. After a long while, he said, 'Mr. Myron, since you are in such a hurry, why don't we meet here again tomorrow afternoon?'
'Okay, I'll wait for your good news,' Ulysses Myron nodded hurriedly.
Afterwards, the two men talked for a while, and Ulysses Myron then proposed to take his leave, as if he was afraid that he would delay George Berkeley's thinking time.
...
The next afternoon arrived in the blink of an eye.
They were still in the same place.
After a brief conversation,
Ulysses Meulen was dumbfounded when George Berkeley threw a series of demands at him.
1. The Austrian government must assist the Bright Foundation in acquiring an Austrian bank.
2. The Austrian government must introduce a series of policies...
3. The Vienna Stock Exchange must carry out a shareholding reform, and the Bright Foundation needs to acquire a portion of the equity.
4.
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