Single currency a positive for Europe

Professional Adviser
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By Schroders' European equity team While the prospect of a global economic recovery in 2002 is p...

By Schroders' European equity team While the prospect of a global economic recovery in 2002 is positive for Europe, we expect the region to benefit from other key factors, including the introduction of the euro and the growth of mobile communications. Coupled with an improving economic environment, these factors should boost the region's prospects, not only in the short term but in the longer-term as well. Much as the 1990s was undoubtedly America's decade, this will be Europe's. During the 90s, the US dominated the technology market, with the majority of technology patent...

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