US Versus EU: The Race Is On
The EU has about 450 million citizens in 25 member nations. It dwarfs the U.S. in the size of its population. The combined GDP of the member countries exceeds that of the U.S. Given its sheer size in both population and combined economies, Europe is truly a formidable competitor. And it is clearly aware of the fact that it is in an economic contest with the United States. di Stefano says: "France and the Netherlands have recently voted against adopting the current EU constitution. It is difficult to say what effect this will have on the long-term future of the EU. My guess is that Europe will somehow overcome this hurdle, band together and continue to move forward." Theodore F. di Stefano is a founder and managing partner at Capital Source Partners, which deals in bringing small-cap companies public. He also is a frequent speaker on the subject of financial advice for small businesses as well as the IPO process.
No comments:
Post a Comment