The Team Covering The New Europe
Even before Asia's serious troubles became visible, 1998 was shaping up as the year of Europe. The countdown for the launch of the euro is well under way. Along with that, Europe is experiencing a vibrant merger-and-consolidation boom--in part related to the euro, but also driven by corporate bosses who won't survive without a single-market strategy for their companies. All of this is great news for those who have long urged Europeans to unshackle their natural competitive forces.
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