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Article: Small and medium-sized companies in the new economy.
- Article from:
- EFTA Bulletin (Switzerland)
- Article date:
- December 1, 2000
- Author:
CopyrightCOPYRIGHT 2000 European Free Trade Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Geir A. Gunnlaugsson, Chairman, Reydaral Inc, Iceland
Chairman, Ladies and Gentlemen,
I think that now at the beginning of this Millennium we could say in many respects that things are too good to be true. We have, for quite some time now, had economic growth, we have had falling unemployment and we have had lower inflation. Being Europeans, we have to accept that the US has been leading this period with something like 4% growth in a GNP for at least 6 years, lowering the unemployment from something like 6 to 4%, and Europe has been lagging behind, but moving along. We have seen an economy where the information technology sector has been leading the ...