First-quarter GDP results for much of the European Union were released yesterday. The growth picture reveals huge disparities: Portugal and the Netherlands contracted 0.7 and 1.4 percent, respectively, on the quarter, while the economies of Germany and Poland powered ahead with 0.8 and 1.1 percent growth, respectively, on the quarter.
Consider the following ETFs for investing in European growth (or lack thereof):
- Greece: Global X FTSE Greece 20 ETF (GREK | C-54)
- Netherlands: iShares MSCI Netherlands ETF (EWN | B-99)
- Italy: iShares MSCI Italy Capped ETF (EWI | B-90)
- Austria: iShares MSCI Austria Capped ETF (EWO | B-85)
- France: iShares MSCI France ETF (EWQ | A-96)
- Portugal: Global X FTSE Portugal 20 ETF (PGAL)
- Germany: iShares MSCI Germany ETF (EWG | A-97)
- Poland: iShares MSCI Poland Capped ETF (EPOL | C-85)
