According to the CSE budget approved by the Council of Ministers on December 17, 2008, the CSE revenues in 2009 will be lower by 37%. Specifically, the CSE revenues are estimated at €7.7 million from €10.6 million in budget 2008 and this drop is attributable to the restricted investors’ interest (average daily turnover of €11 million) and the new CSE tariff policy, where the transaction duties of the Main Market fell from 0.085 to 0.045 in order to secure competitiveness and to be in line with the ASE and the other stock markets.

As for its expenditure for the same year, they are expected to reach €9.1 million compared to €10.5 million in 2008. The largest part of the expenditure (€4.5 million) will be injected to the staff costs, while €1.5 million will be spent to development expenditure. The drop in the expenditure is linked to the completion of the CSE building.

As for the staff, the budget does not include any new job posts or the upgrading of the existing.