Tuesday, October 10

European Markets

Euro is the most popular currency second only to US dollars, thus the influence of this historially and culturally important region cannot be ignored.

In Western Europe, "new kids on the block" such as Ireland and Spain have seen their economies growing spectacularly over the past few years, and Germany the "sleeping giant" is finally ready to wake up.

Meanwhile, in the East, many ex-soviet countries are emerging to be the manufacturing centres and sophisticated back-offices for Western Europe. And even further east, Turkey, a traditionally Islamic country, is eager to embrace many pro-Western values and to gain acceptance to the EU.

The latest developments have long-lasting impact to Europe and the rest of the world. The region demands our attention.

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