Europe

[vc_row][vc_column][vc_column_text]

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.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

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

There’s More to Britain than London: Focus on Regions, Advises Think-Tank

Low investment in the UK’s regional cities is hindering economic growth and the country’s G7 status, report warns. A lack of investment in regional British cities has hampered economic growth,
Read more

Living the Iberian Dream, Fair and Square: A Risk-Control Real Estate Asset Management Firm

Square Asset Management has history behind it, and big plans for the future. Square Asset Management has celebrated its 18th year of sustained growth – and it’s clear that company’s

João Pedro Oliveira e Costa: Banco BPI’s Compassionate Touch

The CEO of the Portuguese bank, João Pedro Oliveira e Costa, puts human values at the centre of all operations — but values AI’s contribution, too. A company, according to

To Get Ahead, Get a Head with a Heart

Behind every go-ahead company is a go-ahead personality – and in the case of Square Asset Management, that person is Pedro Coelho. The CEO and founder of this firm heads

Cement Recycling: a Breakthrough for More Sustainable Construction

Reuse and recycle — it makes sense, even in the most basic steps of the building trade… The global construction industry is a major contributor to carbon emissions, but it’s
Read more

Economy has ‘Turned a Corner’ as UK Emerges from Recession

The UK economy has emerged from a recession fuelled by stronger-than-expected growth between January and March, according to official figures from the Office of National Statistics (ONS). Having fallen into

Recycling Plastic: Is it Working, and are we Doing Enough…?

Once seen as a ‘wonder material’, this by-product of the oil industry has become a global environmental menace. Millions of tonnes of plastic garbage are dumped into landfills and oceans

Esther Duflo: Reshaping the Fight Against Global Poverty

Esther Duflo’s name is well-known in the field of development economics. Her groundbreaking research and innovative approach to combating global poverty are the reason for her fame. Born in Paris,

The Most In-Demand Office Amenities Around Europe

Privacy appears to be front-of-mind for office workers globally, with conference rooms, private office space and lockers prioritised. Health and privacy are key concerns for workers in Europe — standing
Read more
[/vc_column_text][/vc_column][/vc_row]
CFI

Published by
CFI

Recent Posts

Middle East

[vc_row][vc_column][vc_column_text] Middle East The Middle East (including Egypt but excluding North Africa) had over 684m…

5 years ago

North America

[vc_row][vc_column][vc_column_text] North America   North America (including Mexico and the Caribbean) had over 498m people…

5 years ago

Latin America

[vc_row][vc_column][vc_column_text] Latin America Latin America (excluding Mexico and the Caribbean but including Brazil) had over…

5 years ago

Asia Pacific

[vc_row][vc_column][vc_column_text] Asia Pacific Asia-Pacific (excluding the Middle East) is the most populous region. In 2018,…

5 years ago

Africa

[vc_row][vc_column][vc_column_text] Africa Africa (excluding Egypt) is the second most populous region after Asia-Pacific. It comprises…

5 years ago