Europe Is Set To Surprise

Roche, David
December 2005
Forbes Asia;12/26/2005, Vol. 1 Issue 9, p91
The article asserts that Europe's financial assets remain profitable despite perception of economic backwardness. Yet, 17 out of 18 of the world's most vital vaccines having been created there and 80% of the world's vaccines being produced there. Germany is still the largest merchandise exporter in the world, ahead of the U.S. and Japan and nearly double the share of China. Europe's current dollar/Euro rate and price-earnings ratio are still well below the S&P 500.


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