Single country ETFs: the north-south divide

  It has become apparent that it is not just the UK that has a north-south divide. The divergent state of the EU economies has created a crisis of confidence in the euro, while showing that the region is effectively split in two.  To the south are the heavily indebted countries like Greece, Spain and Italy that have done so much to undermine the euro. Most of the strength is to the north, with Germany and France forming the heart of the union. These are backed by well-funded economies that have remained outside of the single currency, such as Switzerland, Sweden and Norway.  This e...