Growth of the European Economy
By: Paul Hata
History has a way of repeating itself or carrying themselves forward - in this case, we're talking about investment opportunities, business deals and economic health in Europe. Back when our countrymen discovered that it was possible to make money by trading goods amongst each other or sailing tens of thousands of miles just to sell the produce of our local land to those far away, Europe is a land filled with vast opportunities for investments.
The European Union or better known as the EU, has the largest economy in the world. The EU economy is expected to grow further over the next decade as more countries join the union. It is estimated that the Eurozone will grow around 3.5 per cent in 2009.
The European economy comprises of more than 720 million people in 48 different states. Like other continents, the wealth of its respective states varies in terms of GDP and living standards. The difference in wealth across Europe can be seen in a rough East-West divide. The Western states all have high GDPs and living standards as compared to the Eastern Europe's economies that emerged from the collapse of the Soviet Union.
The stats alone are stunning. For example did you know that in Europe, the real estate economy grew by almost 1000 percent in just two decades? There are more businesses with their roots in Europe than any other country in the world...yes, we've not missed out the United States. It's a well-known fact that when one invests in a business or property in Europe, it carries along with it high returns and comparatively low risks. The economy in Europe is known as one of the most stable in the world. This is particularly true when we talk about long-term European investment opportunities.
The continuous growth of the economy and the undying positivism that can be seen in the European market is a direct result of its respective governments. The real estate industry in Europe boomed at one point in time because there was a dramatic rise in the number of migrants moving from less developed countries to many parts of Europe creating a demand for land and property, jobs, products and services. Some countries in the European Union has more investment opportunities than others because it involves government policies and laws, nevertheless, the outlook of investment opportunities in Europe has never dropped to gray levels...not even during extremely difficult and trying times for other parts of the world.
The UK, as you would have known without reading this, is one of the most vastly populated land areas in Europe. UK itself is a worthwhile option if you're looking for investment opportunities because even during inflation and the great depression, UK and Europe had a couple of countries that survived better than others. During those times, even small investments in European-based companies made totally good sense because even in great depression, European countries had more sound economic footing and many predicted that the stability of which it provided will shorten the recovery process. This is, indeed, extremely good news for investment opportunity seekers.
In Europe,the results of one industry can affect the others. Let refer to the rise in the number of migrants as an example. When you looked at it, it was a simple rise in the number of people that created a greater need for jobs and property. But if you study deeper, you will see that this created an incredible number of small businesses as well. Foreign investors who knew good opportunities when they saw one, roped these small businesses in and honed them, sharpened them and let them expand to great, incredible, International levels.
Therefore, it's not at all surprising to see that even today, Europe remains to be one of the most stable markets in the world...inflation or not, Europe has the right foundation and footing to withstand just about any bad news it is delivered.
Copyright (c) 2008 Paul Hata
Paul Hata is active in various community and social programs aimed at providing access to education and training to all regardless of race or religion. Access 1000s of Educational, Training and Degree Programs here - http://www.worldchristianpages.com and http://www.christianworldpages.com
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