Thoughts about doing business in Europe
With the current financial turmoil and investors pulling up quick on the US stock markets some eyes are turning towards investments abroad. The simple reason is that economies that are not very connected to the US economy or are just in a plain growing period, feel the US crisis in a somehow filtered way.
Of course, if we are talking about Europe, well, Europe is clearly connected to the US market. And we have a saying here, if US sneezes, Europe will cough. Still, Europe and mainly Eastern Europe is not affected in such a radical way as US, partially because the European Union took drastic measures to limit the impact. If you add to this a partially similar Western culture, then investing in Europe might not be a very bad decision.
Read full article.
No related posts.
