Guy de Blonay says Greece's experience since joining the EU is a good example of how financial services are both the cause and the effect of economic growth
An investment portfolio always requires a theme, and every stock bought as part of its construction must reflect that. The theme of Eastern Europe is, obviously, above average economic growth and, I believe, one of the best ways to capture that trend is through financial services. Eastern Europe is a blanket term, but the region can now be separated into two distinct categories. Members of the EU, such as the Baltics, Poland, Hungary, Czech Republic, Slovakia and Greece, and non-EU, such as Bulgaria, Romania and Turkey, which hope to gain entry in 2007. Their chances, however, may have rec...
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