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Image header Agence Europe
Europe Daily Bulletin No. 7959
Contents Publication in full By article 27 / 35
ECONOMIC INTERPENETRATION / (eu) investments

US investors show growing interest in Europe. During a seminar organised on 30 April in New York by Paris Europlace, the association for promoting the French financial market, American investors defined their vision of the European market. French daily Le Monde reports on Sunday 6 and Monday 7 May. In their view, the introduction of the euro has ranked Europe as a major area for foreign investment, similar to the Japanese market. European unification has made it possible to create large leading nationals whose critical size can now rival Nippon companies. Managers of US funds also see this as an opportunity to make alternative investments to American shareholding at a time when the United States' economy is on the downturn. Although they do deplore a certain inflexibility on the European market which is not, in their eyes, as mature as that in the United States, investors from over the Atlantic consider that the weakness of the euro gives them considerable purchasing power and encourages them to invest more in Europe. The fall in the euro and the restructuring underway in European enterprise offers strong long-term growth potential, a little like that of the United States before the beginning of the period of strong economic growth, said Mr George Evans, Oppenheimer Fund Vice-President for investment in international actions. Neither did Warren Buffet, one of the most reputed investors worldwide, conceal his interest in investing more in Europe. With assets mainly located in the United States, the financier announced during the last general assembly on 30 April that he wished to invest more massively in Europe where he deplores the fact that he has not been sufficiently solicited over recent years.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
WEEKLY SUPPLEMENT