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Compiled by Anja Coppieters, January 2010. |
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As a founding member of the EU, Belgium introduced the euro currency in 2002 and is a leading backer of globalization and open economy. Its favourable location at the heart of an extensively industrialized region helps maintain its rank among the world's largest trading nations. At the dawn of the 19th century, Belgium was the first continental European country to undergo the Industrial Revolution. Today, Belgium produces over half of its electricity through 2 nuclear energy plants in Doel and Thiange. |
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Compiled by Anja Coppieters, January 2010. |
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The Irish economy was dubbed the "Celtic Tiger" in the 1990s as it rapidly evolved and charged past many of the former leaders, causing the Republic of Ireland to be ranked first and best on the "quality of life" assessment by The Economist magazine in 2005. However, in 2009 the rate of unemployment in Ireland shot up to 12.9% – a hex of the recession that swept the globe in 2008.
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On September 6, 1991, Latvia regained its independence, the last Baltic State to do so. It became one of Europe’s leaders in GDP growth between 1996 and 2006 and entered the EU in May 2004. During the global economic meltdown of 2008/2009 Latvia was among the hardest hit of the EU members. However, significant efforts are underway to heal the damage suffered by the Latvian economy and now Latvia is number 27 on the World Bank’s – Ease of Doing Business Index 2010, beating the Netherlands, France, Spain, Poland and Italy that are 30th, 31st, 62nd, 72nd and 78th respectively. Latvia is well-equipped to host international conferences with dozens of world-class Latvian hotels and conference venues offering cutting edge equipment and crisp service. |
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Lithuania was the first Soviet republic to chip away from the Soviet Union and declare its independence on March 11, 1990. In 2003, prior to EU ascension, Lithuania exhibited the highest economic growth rate amongst all candidate and member countries, (8.8% in Q3). Lithuania bore the full brunt of the global financial crisis of 2008/09 dragging many of the banks of Lithuania into deep, unchartered waters. Find out just how client-friendly the Baltic banks truly are, as Lithuania plans its transit to the Euro in January 2013. Government subsidies and incentives mitigate investments into the high-tech fields and high value-added products, as a shift toward knowledge-based economy sweeps the nation, with a primary focus on biotechnology and IT.
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In 1530 the Order of Knights of the Hospital of St John of Jerusalem received a perpetual lease of the islands from Charles I of Spain, but lost control in 1798 as a result of a dastardly trick by Napoleon. Valletta is the capital city of Malta, named after J.P. de la Valette who helped defend Malta in the epic 3-month siege against the 40 000-strong Ottoman invasion in 1565 and set the first cornerstone of the city on March 28 1566. However, Birkirkara, a neighbouring town with over 21 thousand inhabitants is significantly larger. Malta gained its independence from the United Kingdom in 1964 and became a member of the EU in 2004. With a history tracing as far back as 5000BC, Malta, the “Land of Honey” is praised for its vibrant culture and friendly people. Today Malta, with its idyllic nature and mild Mediterranean climate has become an irresistible allure to tourists and the high-tech conference facilities offered by some of the most prestigious Maltese hotels made it a notable hub for business as well. Find out what is on this year in our detailed Malta Business Event Calendar 2010 guide and learn more about the conference facilities in the Conference Venues of Malta feature (coming soon). Planning a holiday? Learn more about Gozo, Malta’s second largest island. |
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