Non-Euro Europe ETF Options

Milton Friedman may no longer be with us, but the legend of the Nobel Prize winner has continued to build. Before his death in late 2006, Friedman predicted that the euro, one of the world’s most widely-used currencies, would not be able to withstand its first economic crisis. With much of Europe teetering on brink of fiscal collapse, the viability of the region’s common currency system has been called into question by economists around the globe. Since the inception of the euro in early 1999, sixteen countries have adopted the currency. Many recent entrants into the monetary union have celebrated their inclusion, hoping for membership to bring along substantial economic benefits. However, in the current environment, the euro has often acted as a drag on economic growth. International investors have been hesitant to invest in euro-denominated assets, worrying that structural weaknesses in the currency will eat into returns and undermine [...] Click here to read the original article on ETFdb.com. Related Stories: ETF Ideas For An “Ex-Europe” Portfolio Three ETF Plays For Euro/Dollar Parity Europe ETFs: All Over The Board