Europe

Europe

The 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.

Raiffeisen Certificates: Investing in Capital Markets — with Protection

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It’s Not All in the Mind — but Is It About the Sex and Gender, too?

Group upgrades its efforts to study the role that gender plays in women’s mental and physical health. When the Women’s Brain Project transformed into the Women’s Brain Foundation in March,

ARTICO Equity Team at Serafin Asset Management: Sustainable Investing Will Work — If the Performance is Right

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Paris-based Powerhouse Île-de-France: Leading the Way for Local Authorities

The region’s president, Valérie Pécresse, is gunning for nothing less than 100 percent when it comes to sustainable debt. Île-de-France Region is one of Europe’s leading local authorities, powered by

Hands-on, Dedicated to Excellence, Driven by Inclusion and Diversity: Meet the Head of Scottish Friendly

This CEO is fulfilling the aspiration for his mutual to become a leader in the UK insurance sector. Scottish Friendly chief executive Stephen McGee’s ambition is “to create a world-class

Barış Öney is a Man of Many Talents — and Apparently Endless Energy

The founder of Globalturk Capital, Barış Öney, has many strings to his bow — and many successes to his name. Barış Öney, founder and managing partner of Globalturk Capital, has

BAWAG Forging Ahead and Staying at the Forefront of Banking Strategy by Maintaining a Long-Term Focus

People, patience, and profits are all allied for Austria’s burgeoning BAWAG banking group. Austria’s BAWAG has emerged as one of Europe’s most profitable and efficient banking groups, with a straightforward
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Big Issue Invest Restaurant Project Brings Hope and Employment to People Sleeping Rough in London

Major financial boost for world’s first fine-dining restaurant to be staffed by homeless people.  A six-figure investment from Big Issue Invest is helping to kick-start a social initiative giving homeless

Pioneering Spirit, Boldness, and a Deep Understanding of ‘Unity’

Nordic firm United Bankers has history and success behind it — and a great future ahead.  Helsinki-based United Bankers set out to be a pioneer in real-asset investing for Nordic

Patrick Anderson Knows How to Weather Rough Seas — and Has a Good Crew Behind Him

Patrick Anderson, the chief executive of Nordic asset management and financial markets firm United Bankers, in conversation with CFI.co. United Bankers management team is responsible for the company’s business as

One Man’s View of the Mountain: UK Urgently Needs to Rejoin EU to Create Economic Security

Both parties are promising growth, but which policies are most likely to generate it? Growth is essential for continually improving living standards over the long term. However, British politicians fixate
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