Europe

Map of EuropeThe geographical region of Europe includes over 44 countries and 752m people. It had the third largest total GDP of the continents in 2018 at 21.9 trillion USD. Average GDP per capita was 34,485 USD, which is highest among the regions. It also had the highest level of exports in 2018 at 10tr USD. From the 15th century, Spain, Portugal, the Netherlands, French and British all developed colonial empires. The Spanish and Portuguese enjoyed the mineral wealth of the new world. While all these countries used African slaves to develop tobacco or sugarcane industries in the new world. In the late nineteenth century, Germany, Belgium, and Italy also began to develop colonial empires. The Netherlands was the forerunner in terms of finance and trade, with the world’s first stock exchange in 1602. Britain led the way with industrialisation in the 18th century, which made steam rather than slaves and gold the new wealth of nations. Trade was becoming global and Europe led the way. By the late 19th century, Germany had also industrialised. Its growing commercial and naval rivalry with Britain contributed to the start of WW1. WW1 saw the emergence of the USA as a superpower and the break-up of the imperial European powers; European colonial empires were to survive until after WW2. The devastation of WW2 brought a determination for a new common future. The European Coal and Steel Community was formed in 1951. This became the European Economic Community in 1957, the European Union in 1993, and monetary union in 2001. The end of the cold war in 1989, saw NATO expand into Eastern Europe followed by the European Union. Many former soviet- Bloc countries have grown strongly through the 1990s and 2000s, including Poland, Czechia, and Estonia. Yugoslavia disintegrated in 1991, but Slovenia and Croatia are now EU members and the Western Balkans aspire to membership. Throughout the 2000s, the relative importance of the German economy grew. In recent years, Europe has been tested by the Greek debt crisis (2009-10), the crisis in Ukraine (2013), the Syrian refugee crisis (2015-16), and Brexit (2016-2020). But despite these challenges, Europe will continue to grow as it enjoys the fruits of trade and further integration.

Pioneering Sustainability and Tech Integration in Europe

Europe’s got the pedal to the metal, and we can expect to see ground-breaking inventions coming

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The Netherlands leads the field with a score of 9.01 – or 99.27 percent of residents

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Supporting African Businesses: A Focus on Sustainability and Close Customer Relationships

The Access Bank UK Ltd is making significant strides with its international expansion – and there

It’s All About Strategy — and Eurofer Has That Under Control

Italy-based Eurofer Pension Fund exploits the potential of diversification and risk-adjusted returns. In today’s dynamic financial

Generational Call-to-Arms in the Fight to Save Our World

An Irish group puts into words the unspoken fears of a global population, and turns buzzwords

‘Deep-Tech’ Founders-Turned-Investors Forge VC Powerhouse

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Innovating Healthcare: The Journey of GKSD Investment Holding Under a Watchful Eye

Group president Kamel Ghribi’s passion for excellence and industriousness has transformed the sector. Kamel Ghribi, president

Türkiye in the Economic Spotlight: Globalturk Capital Keeps the Focus on the Country’s Growing Status

A growing body of international luminaries, government ministers and experts are taking note of Türkiye’s rise

Heike Arbter: Finding the Right Talent — and Retaining It

CFI.co in conversation with Heike Arbter, head of Raiffeisen Certificates. Raiffeisen Certificates is a leading Austrian

Raiffeisen Certificates: Investing in Capital Markets — with Protection

No one wants unnecessary risk — least of all Austrians, who traditionally display caution when investing
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