Do you want to migrate to a new country to live and work? If YES, here is a list of countries in Europe plus 1000+ jobs and business opportunities.

Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, Asia to the east, and the Mediterranean Sea to the south. It comprises the westernmost part of Eurasia.

Europe occupies about 10,180,000 square kilometers (3,930,000 sq mi), or better put, 2 percent of the Earth’s surface (6.8 percent of land area). Politically, Europe is divided into about fifty sovereign states of which the Russian Federation is the largest and most populous, spanning 39 percent of the continent and comprising 15 percent of its population.

Europe had a total population of about 741 million (about 11 percent of the world population) as of 2016. The European climate is largely affected by warm Atlantic currents that temper winters and summers on much of the continent, even at latitudes along which the climate in Asia and North America is severe. Further from the sea, seasonal differences are more noticeable than close to the coast.

Further European integration by some states led to the formation of the European Union (EU), a separate political entity that lies between a confederation and a federation. The EU originated in Western Europe but has been expanding eastward since the fall of the Soviet Union in 1991.

Euro is the currency of most countries of the European Union, and the EU’s Schengen Area has abolished border and immigration controls among most of its member states. Listed below are countries in the continent of Europe in alphabetical order.

Countries in Europe to Live, Work or Start a Business

  1. Albania
  • Official Currency: LEK
  • Major Language: Albanian
  • Other Languages Spoken:  Greek, English, German
  • Population: 2,876,591 (2017)
  • Capital: Tirana
  • Major Cities: Durres, Vlore

Agriculture is a thriving industry in the country. Agriculture in the country is based on small to medium-sized family-owned dispersed units. It remains a significant sector of the economy of Albania. It employs 41 percent of the population, and about 24.31 percent of the land is used for agricultural purposes.

The country has a developing mixed economy classified by the World Bank as an upper-middle income economy. The economy is expected to expand in the near term, driven by a recovery in consumption and robust investments. Growth is projected to be 3.2 percent in 2016, 3.5 percent in 2017, and 3.8 percent in 2018. This is one good reason why an investor should consider investing in Albania.

  1. Andorra
  • Official Currency: Euro
  • Major Language: Catalan
  • Other Languages Spoken:  Spanish, Portuguese
  • Population: 77,281
  • Capital: Andora la Vella
  • Major Cities: Escaldes-Engordany, Encamp

Tourism which is the mainstay of Andorra’s tiny, well-to-do economy, accounts for roughly 80 percent of GDP. An estimated 10.2 million tourists visit annually, attracted by Andorra’s duty-free status and by its summer and winter resorts.

One of the main sources of income in Andorra’ tourism is from ski resorts which total over 175 km (109 mi) of ski ground. The sport brings in over 7 million visitors annually and an estimated 340 million euros per year, sustaining 2,000 direct and 10,000 indirect jobs at present since 2007.

Andorra has long benefited from its status as a tax haven, with revenues raised exclusively through import tariffs. This indeed is a good reason why investors should consider investing in the country.

  1. Armenia
  • Official Currency: Dram
  • Major Language:  Armenian
  • Other Languages Spoken:  Russian, English
  • Population: 2,924,816 (2016)
  • Capital: Yerevan
  • Major Cities: Gyumri, Vanadzor

The economy of this country relies heavily on investment and support from Armenians abroad. Before independence, Armenia’s economy was largely industry-based – chemicals, electronics, machinery, processed food, synthetic rubber, and textile – and highly dependent on outside resources.

The republic had developed a modern industrial sector, supplying machine tools, textiles, and other manufactured goods to sister republics in exchange for raw materials and energy.

Armenia ranks 47th on Doing Business Index in 2018 with 13th rank on “starting business” sub-index. In the 2016 Index of Economic Freedom, Armenia ranked 54th, ahead of countries like France, Portugal and Italy. This is one good reason why an investor should consider investing in Armenia.

  1. Austria
  • Official Currency: Euro (€) (EUR)
  • Major Language: German (official language)
  • Other Languages Spoken: Bavarian dialect, Hungarian, Burgenland Croatian, and Slovene
  • Population: 8,857,960 (2018)
  • Capital: Vienna
  • Major Cities: Graz, Linz , Salzburg

International tourism is the most important part of the economy of Austria. Austria consistently ranks high in terms of GDP per capita, due to its highly industrialized economy, and well-developed social market economy. This is a good reason why investors should consider investing in Austria.

  1. Azerbaijan
  • Official Currency: Azerbaijani Manat
  • Major Language: Azerbaijani
  • Other Languages Spoken: Russian, Armenian and English
  • Population: 9,981,457 (2019)
  • Capital: Baku
  • Major Cities: Ganja, Sumqayit

The oil and gas industry is a thriving industry in the country. Two-thirds of Azerbaijan is rich in oil and natural gas. In 2008, Azerbaijan was cited as one of the top 10 reformers by the World Bank’s Doing Business Report. Azerbaijan led the world as the top reformer in 2007/08, with improvements on seven out of 10 indicators of regulatory reform.

Azerbaijan started operating a one-stop shop in January 2008 that halved the time, cost and number of procedures to start a business. Business registrations increased by 40 percent in the first six months.

Azerbaijan also eliminated the minimum loan cutoff of $1,100, more than doubling the number of borrowers covered by the credit registry. Also, taxpayers can now file forms and pay their taxes online. Azerbaijan’s extensive reforms moved it far up the ranks, from 97 to 33 in the overall ease of doing business.

  1. Belarus
  • Official Currency: Belarusian ruble
  • Major Language: Russian and Belarusian
  • Other Languages Spoken: Polish, Ukrainian and Eastern Yiddish
  • Population: 9,491,800 (2018)
  • Capital: Minsk
  • Major Cities: Homel, Mogilev

The service industry is the most thriving industry in the country. In 2006, GDP amounted to US$83.1 billion in purchasing power parity (PPP) dollars (estimate), or about $8,100 per capita. In 2005, GDP increased by 9.9 percent; the inflation rate averaged 9.5 percent. This is one good reason why an investor should consider investing in Belarus.

  1. Belgium
  • Official Currency: Euro (€) (EUR)
  • Major Languages: Flemish Dutch, French
  • Other Languages Spoken: German
  • Population: 11,420,163 (2018)
  • Capital: Brussels
  • Major Cities: Antwerp, Ghent, Charleroi and Liège.

The Belgian economy is heavily service-oriented and shows a dual nature: a dynamic Flemish economy and a Walloon economy that lags behind. Its location at the heart of a highly industrialized region helped make it the world’s 15th largest trading nation in 2007. This is one good reason why an investor should consider investing in Belgium.

  1. Bosnia and Herzegovina
  • Official Currency: Convertible Mark (KM)
  • Major Languages: Bosnian, Serbian and Croatian
  • Other Languages Spoken: English, German
  • Population: 3,511,372 (2013)
  • Capital: Sarajevo
  • Major Cities: Banja Luka, Tuzla

Bosnia and Herzegovina had a very strong industrial export oriented economy with large scale exports worth millions of US$. Fresh food has traditionally been exported from the republic. The economy is promising.

The World Bank is predicting that the economy will grow 3.4 percent in 2019. Bosnia and Herzegovina was placed 83rd on the Index of Economic Freedom for 2019. The total rating for Bosnia and Herzegovina is 61.9. This position represents some progress relative to the 91st place in 2018. This gives a heads up for entrepreneurs that want to invest in the country.

  1. Bulgaria
  • Official Currency: Lev
  • Major Language: Bulgarian
  • Other Languages Spoken: Russian, English, French
  • Population: 7,360,000 (2011)
  • Capital: Sofia
  • Major Cities: Plovdiv, Varna and Burgas

The mining industry is the most thriving industry in Bulgaria. Extraction of metals and minerals, production of chemicals, machine building, steel, biotechnology, tobacco and food processing and petroleum refining are among the major industrial activities. Mining alone employs 24,000 people and generates about 5 percent of the country’s GDP; the number of employed in all mining-related industries is 120,000.

Bulgaria’s strategic geographic location and well-developed energy sector make it a key European energy center despite its lack of significant fossil fuel deposits. This is one good reason why an investor should consider investing in Bulgaria.

  1. Croatia
  • Official Currency: Kuna (HRK)
  • Major Language: Croatian
  • Other Languages Spoken: Serbian, Italian
  • Population: 4.28 million
  • Capital: Zagreb
  • Major Cities: Split and Rijeka

Croatia’s economy is dominated by service and industrial sectors.

Croatia is classified as a high-income economy by the United Nations. International Monetary Fund data projects that Croatian nominal GDP stands at $60,688 billion, or $14,816 per capita for 2018, while purchasing power parity GDP stands at $107.406 billion, or $26,221 per capita. According to Eurostat, Croatian PPS GDP per capita stood at 63 percent of the EU average in 2018. The economy of this country is one reason to invest in this country.

  1. Cyprus
  • Official Currency: Euro
  • Major Languages: Greek and Turkish
  • Other Languages Spoken: Armenian, Cypriot Arabic and Russian
  • Population: 1,170,125 (2016)
  • Capital: Nicosia
  • Major Cities: Limassol, Larnaca

The most thriving industry in Cyprus is the services industry and Tourism. Financial services and shipping are also significant parts of the economy.

Cyprus has been sought as a base for several offshore businesses for its low tax rates. Economic policy of the Cyprus government has focused on meeting the criteria for admission to the European Union. This is one good reason why an investor should consider investing in Cyprus.

  1. The Czech Republic
  • Official Currency: Czech koruna (CZK)
  • Major Language:Czech
  • Other Languages Spoken: Slovak and Polish
  • Population: 10,649,800
  • Capital: Prague
  • Major Cities: Ostrava, Brno, Plzen

The services industry is the most thriving industry in Czech and it account for 60 percent of the economy Czech Republic ranks 24th in both the Index of Economic Freedom and the Global Innovation Index as of 2016; 29th in the Global Competitiveness Report; 30th in the ease of doing business index; and 25th in the Global Enabling Trade Report.

The Czech Republic has a highly diverse economy that ranks 7th in the 2016 Economic Complexity Index. The Czech Republic ranks 15th in the UN inequality-adjusted human development and 14th in World Bank Human Capital Index ahead of countries such as the United States, the United Kingdom and France. It was described by The Guardian as “one of Europe’s most flourishing economies”, thus making it a good investment port.

  1. Denmark
  • Official Currency: Danish krone (DKK)
  • Major Language: Danish
  • Other Languages Spoken: Faroese, Greenlandic and German
  • Population: 5,814,461 (2019)
  • Capital: Copenhagen
  • Major Cities: Aarhus, Odense, Aalborg

The services industry is the most thriving industry. By 2017 services contributed circa 75% of GDP of Denmark. Denmark is considered to be one of the most economically and socially developed countries in the world. Denmark’s economy stands out as one of the most free in the Index of Economic Freedom and the Economic Freedom of the World.

It is the 10th most competitive economy in the world, and 6th in Europe, according to the World Economic Forum in its Global Competitiveness Report 2018. The growing economy of Denmark makes it a place to start a business.

  1. Estonia
  • Official Currency: Euro (€) (EUR)
  • Major Language: Estonian
  • Other Languages Spoken: Russian, English, Finnish
  • Population: 1,324,820 (2019)
  • Capital: Tallinn
  • Major Cities: Tartu, Narva, Parnu, Kohtla-jarve

The services industry is the most thriving industry in the country. Competitive commercial banking sector, innovative e-Services and even mobile-based services are all hallmarks of Estonia’s market economy.

Estonia is a developed country with an advanced, high-income economy that has been among the fastest-growing in the EU. The country ranks very high in the Human Development Index, and performs favorably in measurements of economic freedom, civil liberties, education, and press freedom (third in the world in 2012 and 2007).

Estonia’s economy continues to benefit from a transparent government and policies that sustain a high level of economic freedom, ranking 6th globally and 2nd in Europe. These indices make Estonia a good place to start a business.

  1. Finland
  • Official Currency: Euro (€) (EUR)
  • Major Language: Finnish and Swedish
  • Other Languages Spoken: English
  • Population: 5.52 million (2019)
  • Capital: Helsinki
  • Major Cities: Espoo, Vantaa, Tampere, Oulu and Turku

Although the largest sector of the economy is the service sector at 66% of GDP but with respect to foreign trade, the key economic sector is manufacturing. The largest industries in 2007 were electronics (22%); machinery, vehicles, and other engineered metal products (21.1%).

Finland is highly integrated into the global economy, and international trade produces one third of GDP. This is one good reason why an investor should consider investing in Finland.

  1. France
  • Official Currency: Euro (€) (EUR) and CFP franc (XPF)
  • Major Language: French
  • Other Languages Spoken: English, German, Italian
  • Population: 67.02 million (2019)
  • Capital: Paris
  • Major Cities: Lyon, Marseille, Toulouse, Bordeaux, Lille and Nice

France has historically been a large producer of agricultural products. Extensive tracts of fertile land, the application of modern technology, and EU subsidies have combined to make France the leading agricultural producer and exporter in Europe (representing 20% of the EU’s agricultural production) and the world’s third biggest exporter of agricultural products.

Wheat, poultry, dairy, beef, and pork, as well as internationally recognized processed foods are the primary French agricultural exports. As of 2018, France it is ranked as the world’s tenth largest and the EU’s second largest economy by purchasing power parity. This is one good reason an investor should consider investing in the country.

  1. Georgia
  • Official Currency: Georgian lari
  • Major Language: Georgian
  • Other Languages Spoken: Abkhazian
  • Population: 3.718 million (2017)
  • Capital: Atlanta
  • Major Cities: Augusta, Columbus, Macon

Georgia is becoming more integrated into the global trading network: its 2015 imports and exports account for 50% and 21% of GDP respectively. Georgia’s main imports are fuels, vehicles, machinery and parts, grain and other foods, pharmaceuticals. Main exports are vehicles, ferro-alloys, fertilizers, nuts, scrap metal, gold, and copper ores.

Since the early 21st century, visible positive developments have been observed in the economy of Georgia. In 2007, Georgia’s real GDP growth rate reached 12 percent, making Georgia one of the fastest-growing economies in Eastern Europe.

The World Bank dubbed Georgia “the number one economic reformer in the world” because it has in one year improved from rank 112th to 18th in terms of ease of doing business. Georgia improved its position to 6th in World Bank’s Doing Business report 2019, thus making it a great place to start a business.

  1. Germany
  • Official Currency: Euro (€) (EUR)
  • Major Language: German
  • Other Languages Spoken: Sorbian, North Frisian
  • Population: 83 million
  • Capital: Berlin
  • Major Cities: Frankfurt, Ruhr

The services industry is the most thriving industry in the country. The service sector contributes approximately 71% of the total GDP (including information technology)

Germany is part of the European single market which represents more than 508 million consumers. Several domestic commercial policies are determined by agreements among European Union (EU) members and by EU legislation. This is one good reason why an investor should consider investing in Germany.

  1. Greece
  • Official Currency: Euro (€) (EUR)
  • Major Language: Greek
  • Other Languages Spoken: English, German, French and Italian
  • Population: 10.7 million (2018)
  • Capital: Athens
  • Major Cities: Thessaloniki, Patras, Kalamata

Its economy mainly comprises the service sector (85.0%). Important Greek services industries include tourism with 14.9 million international tourists in 2009, it is ranked as the 7th most visited country in the European Union and 16th in the world by the United Nations World Tourism Organization.

Greece is the 15th largest economy in the 27-member European Union. In terms of per capita income, Greece is ranked 38th or 40th in the world at $21,910 and $25,705 for nominal GDP and PPP respectively. The Greek economy is classified as advanced and high-income. Greece is a developed country with a high standard of living and a high ranking in the Human Development Index.

  1. Hungary
  • Official Currency: Forint (HUF)
  • Major Language: Hungarian
  • Other Languages Spoken: German, Croatian, Romani
  • Population: 10 million
  • Capital: Budapest
  • Major Cities: Debrecen, Szeged, Miskolc, Pécs and Győr

Hungary is the largest electronics producer in Central and Eastern Europe. Electronics manufacturing and research are among the main drivers of innovation and economic growth in the country. In the past 20 years, Hungary has also grown into a major center for mobile technology, information security, and related hardware research.

The Hungarian is the 57th-largest economy in the world (out of 188 countries measured by IMF) with $265.037 billion output, and ranks 49th in the world in terms of GDP per capita measured by purchasing power parity. This is one good reason why an investor should consider investing in Hungary.

  1. Iceland
  • Official Currency: Icelandic króna (ISK)
  • Major Language: Icelandic
  • Other Languages Spoken: English and Danish
  • Population: 360,390
  • Capital: Reykjavík
  • Major Cities: Kopavogur, Hafnarfjoerdur

Historically, Iceland’s economy depended heavily on fishing, which still provides 40% of export earnings and employs 7% of the work force. The economy is vulnerable to declining fish stocks and drops in world prices for its main material exports: fish and fish products, aluminium, and ferrosilicon.

Whaling in Iceland has been historically significant. Iceland still relies heavily on fishing, but its importance is diminishing from an export share of 90% in the 1960s to 40% in 2006.

In 2007, Iceland was the seventh most productive country in the world per capita (US$54,858), and the fifth most productive by GDP at purchasing power parity ($40,112). according to the Economist Intelligence Index of 2011, Iceland has the 2nd highest quality of life in the world. Based on the Gini coefficient, Iceland also has one of the lowest rates of income inequality in the world, making it a good place to start a business.

  1. Republic of Ireland
  • Official Currency: Euro
  • Major Language: Irish
  • Other Languages Spoken: English
  • Population: 4,588,252 (2011)
  • Capital: Dublin
  • Major Cities: Limerick, Galway, Craigavon, Waterford

Although multinational corporations dominate Ireland’s export sector, exports from other sources also contribute significantly to the national income. The activities of multinational companies based in Ireland have made it one of the largest exporters of pharmaceutical agents, medical devices and software-related goods and services in the world.

Ireland’s exports also relate to the activities of large Irish companies (such as Ryanair, Kerry Group and Smurfit Kappa) and exports of mineral resources.

Ireland is the seventh largest producer of zinc concentrates, and the twelfth largest producer of lead concentrates. The country also has significant deposits of gypsum, limestone, and smaller quantities of copper, silver, gold, barite, and dolomite.

Ireland is an open economy (6th on the Index of Economic Freedom), and ranks first for “high-value” foreign direct investment (FDI) flows. Using the metric global GDP per capita, Ireland ranks 5th of 187 (IMF) and 6th of 175 (World Bank).

This is particularly relevant in Ireland ‘s small globalized economy. Indeed, foreign multinationals are the driver of Ireland’s economy, employing a quarter of the private sector workforce, and paying 80% of Irish business taxes. 14 of Ireland’s top 20 firms (by 2017 turnover) are US-based multinationals (80% of foreign multinationals in Ireland are from the US.

  1. Italy
  • Official Currency: Euro
  • Major Language: Italian
  • Other Languages Spoken: ‎English, French, Spanish
  • Population: 60,782,668 (2013)
  • Capital: Rome
  • Major Cities: Milan, Naples, Turin

The automotive industry is a significant part of the Italian manufacturing sector, with over 144,000 firms and almost 485,000 employed people in 2015, and a contribution of 8.5% to Italian GDP. Fiat Chrysler Automobiles or FCA is currently the world’s seventh-largest auto maker.

The country boasts a wide range of acclaimed products, from very compact city cars to luxury supercars such as Maserati, Lamborghini, and Ferrari, which was rated the world’s most powerful brand by Brand Finance. Italy has a major advanced capitalist mixed economy, ranking as the third-largest in the Eurozone and the eighth-largest in the world.

A founding member of the G7, the Eurozone and the OECD, it is regarded as one of the world’s most industrialized nations and a leading country in world trade and exports. It is a highly developed country, with the world’s 8th highest quality of life in 2005 and the 26th Human Development Index. These make Italy a good country to start a business.

  1. Kazakhstan
  • Official Currency: Tenge (₸) (KZT)
  • Major Language: Kazakh
  • Other Languages Spoken: Russian
  • Population: 18.459 million (2019)
  • Capital: Nur-Sultan
  • Major Cities: Almaty, Shymkent, Karaganda

The services industry is no doubt the most thriving industry in Kazakhstan. As of 2014, foreign investors had placed a total of $211.5 billion in Kazakhstan. According to the US State Department, Kazakhstan is widely considered to have the best investment climate in the region.

In 2002, the country became the first sovereign in the former Soviet Union to receive an investment-grade credit rating from an international credit rating agency. Foreign direct investment (FDI) plays a more significant role in the national economy than in most other former Soviet republics.

  1. Latvia
  • Official Currency: Euro
  • Major Language: Latvian
  • Other Languages Spoken: Russian, English
  • Population: 1,957,200
  • Capital: Riga
  • Major Cities: Daugavpils, Liepāja, Jelgava

The services industry is the most thriving industry in Latvia. The United States of America exported $58.2 million of goods and services to Latvia and imported $87.9 million.

Eager to join Western economic institutions like the World Trade Organization, OECD, and the European Union, Latvia signed a Europe Agreement with the EU in 1995—with a 4-year transition period. Latvia and the United States have signed treaties on investment, trade, and intellectual property protection and avoidance of double taxation. Business prospects are looking up in Lativa.

  1. Lithuania
  • Official Currency: Euro
  • Major Language: Lithuania
  • Other Languages Spoken: Polish, Russian and German
  • Population: 2.8 million (2019)
  • Capital: Vilnius
  • Major Cities: Kaunas and Klaipėda

Information technology production is growing in the country, reaching 1.9 billion euros in 2016. In 2017 only, 35 FinTech companies came to Lithuania – a result of Lithuanian government and Bank of Lithuania simplified procedures for obtaining licenses for the activities of e-money and payment institutions.

Europe’s first international Blockchain Centre launched in Vilnius in 2018. Lithuania has granted a total of 39 e-money licenses, second in the EU only to the U.K. with 128 licenses. In 2018 Google setup a payment company in Lithuania.

Lithuania is a high-income advanced economy with a very high Human Development Index, a very high standard of living and performs favorably in measurements of civil liberties, press freedom, internet freedom, democratic governance and peacefulness. This is one good reason why an investor should consider investing in Lithuania.

  1. Luxembourg
  • Official Currency: Euro (€) (EUR)
  • Major Language: Luxembourgish
  • Other Languages Spoken: French, German
  • Population: 613,894 (2019)
  • Capital: Luxembourg City
  • Major Cities: Esch-sur-Alzette, Dudelange, Schifflange, Bettembourg

Services, especially banking and finance, account for the majority of economic output. Luxembourg is the world’s second largest investment fund center (after the United States), the most important private banking center in the Eurozone and Europe’s leading center for reinsurance companies.

Moreover, the Luxembourg government has aimed to attract Internet start-ups, with Skype and Amazon being two of the many Internet companies that have shifted their regional headquarters to Luxembourg. Other high-tech companies have established themselves in Luxembourg, including 3D scanner developer/manufacturer Artec 3D.

Luxembourg’s stable and high-income market economy features moderate growth, low inflation, and a high level of innovation, making it a good country to start a business.

  1. Malta
  • Official Currency: Euro
  • Major Language: Maltese
  • Other Languages Spoken: English
  • Population: 475,000
  • Capital: Valletta
  • Major Cities: Birkirkara, Qormi, Mosta

Film production is a growing contributor to the Maltese economy. The first film was shot in Malta in 1925 (Sons of the Sea); over 100 feature films have been entirely or partially filmed in the country since then. Malta has served as a “double” for a wide variety of locations and historic periods including Ancient Greece, Ancient and Modern Rome, Iraq, the Middle East and many more.

The Maltese government introduced financial incentives for filmmakers in 2005. The current financial incentives to foreign productions as of 2015 stand at 25 per cent with an additional 2 per cent if Malta stands in as Malta; meaning a production can get up to 27 per cent back on their eligible spending incurred in Malta.

Malta has a financial regulator, the Malta Financial Services Authority (MFSA), with a strong business development mindset, and the country has been successful in attracting gaming businesses, aircraft and ship registration, credit-card issuing banking licenses and also fund administration.

Service providers to these industries, including fiduciary and trustee business, are a core part of the growth strategy of the island. Malta has made strong headway in implementing EU Financial Services Directives including UCITs IV and soon AIFMD.

  1. Moldova
  • Official Currency: Leu (MDL)
  • Major Language: Moldovan (same as Romanian)
  • Other Languages Spoken: Russian, Gagauz
  • Population: 475,665 (2015)
  • Capital: Chișinău
  • Major Cities: Tiraspol, Balti, Tighina

The country has a well-established wine industry. It has a vineyard area of 147,000 hectares (360,000 acres), of which 102,500 ha (253,000 acres) are used for commercial production. Most of the country’s wine production is made for export.

Many families have their own recipes and grape varieties that have been passed down through the generations. Mileștii Mici is the home of the largest wine cellar in the world. It stretches for 200 km and holds almost 2 million bottles of wine.

Monetary policy has been successful in maintaining inflation within the NBM’s target range. The implementation of structural reforms outlined in the National Development Strategy (NDS) Moldova 2020—especially in the business environment, physical infrastructure, and human resources development areas—would help boost potential growth and reduce poverty.

Moldova’s remarkable recovery from the severe recession of 2009 was largely the result of sound macroeconomic and financial policies and structural reforms.

  1. Montenegro
  • Official Currency: Euro
  • Major Language: Montenegrin
  • Other Languages Spoken: Serbian, Bosnian, Albanian and Croatian
  • Population: 620,079 (2011 census)
  • Capital: Podgorica
  • Major Cities: Nikšić, Pljevlja, Bijelo Polje

The economy of Montenegro is mostly service-based and is in late transition to a market economy. In 2007, the service sector made up 72.4% of GDP, with industry and agriculture making up the rest at 17.6% and 10%, respectively.

According to the International Monetary Fund, the nominal GDP of Montenegro was $4.376 billion in 2016. The GDP PPP for 2016 was $10.428 billion, or $16,749 per capita. According to Eurostat data, the Montenegrin GDP per capita stood at 46% of the EU average in 2017. This is one good reason why an investor should consider investing in Montenegro.

  1. The Netherlands
  • Official Currency: Euro
  • Major Language: Dutch
  • Other Languages Spoken: West Frisian and English
  • Population: 17,093,000 (2017)
  • Capital: Amsterdam
  • Major Cities: Rotterdam, The Hague, Utrecht, and Eindhoven

The agriculture and food industry are the most thriving industries in the country. The Netherlands is the world’s second-largest exporter of food and agricultural products (after the United States), owing to its fertile soil, mild climate, and intensive agriculture.

The Netherlands is also one of the top countries in the Global Enabling Trade Report (2nd in 2016), and was ranked the fifth most competitive economy in the world by the Swiss International Institute for Management Development in 2017. In addition, the country was ranked the second most innovative nation in the world in the 2018 Global Innovation Index. This is one good reason why an investor should consider investing in The Netherlands.

  1. Norway
  • Official Currency: Norwegian krone (NOK)
  • Major Language: Norwegian and Sámi
  • Other Languages Spoken: Nynorsk and Bokmål
  • Population: 5,096,300 (2013)
  • Capital: Oslo
  • Major Cities: Bergen, Trondheim, Stavanger

The oil and gas industry is the most thriving industry in Norway. The state income derived from natural resources includes a significant contribution from petroleum production. Norway has obtained one of the highest standards of living in the world in part by having a large amount of natural resources compared to the size of the population.

In 2011, 28% of state revenues were generated from the petroleum industry. Export revenues from oil and gas have risen to almost 50% of total exports and constitute more than 20% of the GDP. Norway is the fifth-largest oil exporter and third-largest gas exporter in the world.

Norwegians enjoy the second-highest GDP per-capita among European countries (after Luxembourg), and the sixth-highest GDP (PPP) per-capita in the world. Today, Norway ranks as the second-wealthiest country in the world in monetary value, with the largest capital reserve per capita of any nation. This is one good reason why an investor should consider investing in Norway.

  1. Poland
  • Official Currency: Polish złoty (PLN)
  • Major Language: Polish
  • Other Languages Spoken: English, Russian, German
  • Population: 38.5 million
  • Capital: Warsaw
  • Major Cities: Kraków, Łódź, Wrocław, Poznań, Gdańsk, and Szczecin

Poland has a large number of private farms in its agricultural sector, with the potential to become a leading producer of food in the European Union. The biggest money-makers abroad include smoked and fresh fish, fine chocolate, and dairy products, meats and specialty breads, with the exchange rate conducive to export growth. Food exports amounted to 62 billion zloty in 2011, increasing by 17% from 2010.

Poland’s economy is considered to be one of the more resilient of the post-Communist countries and is one of the fastest growing within the EU. Having a strong domestic market, low private debt, low unemployment rate, flexible currency, and not being dependent on a single export sector, Poland is the only European economy to have avoided the recession of 2008. This is one good reason why an investor should consider investing in Poland.

  1. Portugal
  • Official Currency: Euro (€)
  • Major Language: Portuguese
  • Other Languages Spoken: English, French, and Spanish
  • Population: 10,341,330 (2015)
  • Capital: Lisbon
  • Major Cities: Porto, Vila Nova de Gaia, Braga

Business services have overtaken more traditional industries such as textiles, clothing, footwear and cork (Portugal is the world’s leading cork producer), wood products and beverages.

Portugal is a developed and a high income country, with a GDP per capita of 77% of the EU28 average in 2017 (increasing from 75% in 2012) and a HDI of 0.843 (the 41st highest) in 2016. By the end of 2018, Portugal’s GDP (PPP) was $32,554 per capita, according to OECD’s report. This is one good reason why an investor should consider investing in Portugal.

  1. Romania
  • Official Currency: Romanian Leu (RON)
  • Major Language: Romanian
  • Other Languages Spoken: Hungarian and Vlax Romani
  • Population: 20 million
  • Capital: Bucharest
  • Major Cities: Cluj-Napoca, Timișoara, Iași, Constanța, Craiova, and Brașov

The economy is predominantly based on services, which account for 51% of GDP, even though industry and agriculture also have significant contributions, making up 36% and 13% of GDP, respectively. In 2019, Romania has a GDP (PPP) of around $547 billion and a GDP per capita (PPP) of $28,189.

According to the World Bank, Romania is a high income country with a mixed economy. According to Eurostat, Romania’s GDP per capita (PPS) was at 64% of the EU average in 2018, an increase from 41% in 2007 (the year of Romania’s accession to the EU), making Romania one of the fastest growing economies in the EU.

  1. Russia
  • Official Currency: Russian ruble
  • Major Language: Russian
  • Other Languages Spoken: Ossetic, Ukrainian, Buryat, Kalmyk, Chechen, Ingush, etc.
  • Population: 146.79 million (2019)
  • Capital: Moscow
  • Major Cities: Saint Petersburg, Novosibirsk, Yekaterinburg and Nizhny Novgorod

The oil and gas industry; oil, natural gas, metals, and timber account for more than 80% of Russian exports abroad. Russia has an upper-middle income mixed economy with enormous natural resources, particularly oil and natural gas.

It has the 12th largest economy in the world by nominal GDP and the 6th largest by purchasing power parity (PPP). Since the turn of the 21st century, higher domestic consumption and greater political stability have bolstered economic growth in Russia.

  1. Serbia
  • Official Currency: Serbian dinar
  • Major Language: Serbian
  • Other Languages Spoken: Hungarian, Bosnian, Slovak, Croatian, Albanian, Romanian, Bulgarian and Rusyn
  • Population: 7 million
  • Capital: Belgrade
  • Major Cities: Belgrade, Novi Sad and Niš

The economy of Serbia is dominated by services which accounts for 67.9% of GDP. Serbia has an emerging market economy in upper-middle income range. According to the International Monetary Fund, Serbian nominal GDP in 2018 is officially estimated at $50.651 billion or $7,243 per capita while purchasing power parity GDP stood at $122.759 billion or $17,555 per capita. This is one good reason why an investor should consider investing in Serbia

  1. Slovakia
  • Official Currency: Euro
  • Major Language: Slovak
  • Other Languages Spoken: English
  • Population: 5.4 million
  • Capital: Bratislava
  • Major Cities: Košice

Although Slovakia’s GDP comes mainly from the tertiary (services) sector, the industrial sector also plays an important role within its economy. The main industry sectors are car manufacturing and electrical engineering. Since 2007, Slovakia has been the world’s largest producer of cars per capita, with a total of 1,090,000 cars manufactured in the country in 2018 alone.

The Slovak economy is one of the fastest growing economies in Europe and 3rd fastest in eurozone (2017). The Slovak government encourages foreign investment, since it is one of the driving forces of the economy.

Slovakia is an attractive country for foreign investors mainly because of its low wages, low tax rates, well educated labor force, favorable geographic location in the heart of Central Europe, strong political stability and good international relations reinforced by the country’s accession to the European Union. Slovakia ranks 42nd out of 190 economies in terms of ease of doing business, according to the 2019 World Bank Doing Business Report.

  1. Slovenia
  • Official Currency: Euro (€) (EUR)
  • Major Language: Slovene
  • Other Languages Spoken: ‎Hungarian, Italian
  • Population: 2.07 million
  • Capital: Ljubljana
  • Major Cities: Maribor, Celje, Kranj, Velenje

The main industry is the manufacturing industry and it covers motor vehicles, electric and electronic equipment, machinery, pharmaceuticals, and fuels. Examples of major Slovenian companies operating in Slovenia include the home appliance manufacturer Gorenje, the pharmaceutical company Krka, the oil distributing company Petrol Group and Revoz a manufacturing subsidiary of Renault.

In 2004–2006, the economy grew on average by nearly 5% a year in Slovenia; in 2007, it expanded by almost 7%. This is one good reason why an investor should consider investing in Slovenia.

  1. Spain
  • Official Currency: Euro
  • Major Language: Spanish
  • Other Languages Spoken: Catalan, Galician, Basque
  • Population: 47 million
  • Capital: Madrid
  • Major Cities: Barcelona, Valencia, Seville, Málaga and Bilbao

The automotive industry is one of the largest employers in the country. In 2015, Spain was the 8th largest automobile producer country in the world and the 2nd largest car manufacturer in Europe after Germany. By 2016, the automotive industry was generating 8.7 percent of Spain’s gross domestic product, employing about nine percent of the manufacturing industry.

By 2008 the automobile industry was the 2nd most exported industry while in 2015 about 80% of the total production was for export. Spain’s capitalist mixed economy is the 14th largest worldwide and the 5th largest in the European Union, as well as the Eurozone’s 4th largest. This is one good reason why an investor should consider investing in Spain.

  1. Sweden
  • Official Currency: Swedish krona (SEK).
  • Major Language: Swedish
  • Other Languages Spoken: Finnish, Meänkieli, Sami, Romani, and Yiddish
  • Population: 10.3 million
  • Capital: Stockholm
  • Major Cities: Göteborg, Malmö, Uppsala, Västerås

Sweden is an export-oriented mixed economy. Timber, hydropower and iron ore constitute the resource base of an economy with a heavy emphasis on foreign trade. Sweden’s engineering sector accounts for 50% of output and exports, while telecommunications, the automotive industry and the pharmaceutical industries are also of great importance. Sweden is the ninth-largest arms exporter in the world.

Sweden is the sixteenth-richest country in the world in terms of GDP (gross domestic product) per capita and a high standard of living is experienced by its citizens. This is one good reason why an investor should consider investing in Sweden.

  1. Switzerland
  • Official Currency: Swiss franc (CHF).
  • Major Language: German
  • Other Languages Spoken: French, Italian, Romansh
  • Population: 8.5 million
  • Capital: Bern
  • Major Cities: Zurich, Geneva, Basel

Switzerland’s most important economic sector is manufacturing. Manufacturing consists largely of the production of specialist chemicals, health and pharmaceutical goods, scientific and precision measuring instruments and musical instruments. The largest exported goods are chemicals (34% of exported goods), machines/electronics (20.9%), and precision instruments / watches (16.9%). Exported services amount to a third of exports.

Switzerland has a stable, prosperous and high-tech economy and enjoys great wealth, being ranked as the wealthiest country in the world per capita in multiple rankings. In 2011 it was ranked as the wealthiest country in the world in per capita terms (with “wealth” being defined to include both financial and non-financial assets), while the 2013 Credit Suisse Global Wealth Report showed that Switzerland was the country with the highest average wealth per adult in 2013. This is one good reason why an investor should consider investing in Switzerland.

  1. Turkey
  • Official Currency: Turkish lira
  • Major Language: Turkish
  • Other Languages Spoken: Kurmanji, Arabic and Zazaki
  • Population: 74.7 million (2011)
  • Capital: Ankara
  • Major Cities: Istanbul, Izmir

The consumer electronics and home appliances manufacturing industry is the most thriving industry in the country. Turkish brands like Beko and Vestel are among the largest producers of consumer electronics and home appliances in Europe, and invest a substantial amount of funds for research and development in new technologies related to these fields.

The EU – Turkey Customs Union in 1995 led to an extensive liberalization of tariff rates, and forms one of the most important pillars of Turkey’s foreign trade policy. Turkey has the world’s 13th largest GDP by PPP and 17th largest nominal GDP. This is one good reason why an investor should consider investing in Turkey.

  1. Ukraine
  • Official Currency: Ukrainian hryvnia
  • Major Language: Ukrainian
  • Other Languages Spoken: Russian
  • Population: 42.5 million
  • Capital: Kiev
  • Major Cities: Dnipro, Odessa, Kharkiv

Growing sectors of the Ukrainian economy include the information technology (IT) market, which topped all other Central and Eastern European countries in 2007, growing some 40 percent. In 2013, Ukraine ranked fourth in the world in number of certified IT professionals after the United States, India and Russia.

Ukraine’s 2010 GDP (PPP), as calculated by the CIA, is ranked 38th in the world and estimated at $305.2 billion. Its GDP per capita in 2010 according to the CIA was $6,700 (in PPP terms), ranked 107th in the world. Nominal GDP (in U.S. dollars, calculated at market exchange rate) was $136 billion, ranked 53rd in the world. This is one good reason why an investor should consider investing in Ukraine.

  1. The United Kingdom
  • Official Currency: The Pound sterling (GBP)
  • Major Language: English
  • Other Languages Spoken: French, German, Spanish
  • Population: 63,181,775 (2011)
  • Capital: London
  • Major Cities: Birmingham, Manchester, Glasgow, Leeds, Liverpool, Newcastle, Sheffield

The UK service sector makes up around 79 per cent of GDP. London is one of the three “command centers” of the global economy (alongside New York City and Tokyo), it is the world’s largest financial center alongside New York, and it has the largest city GDP in Europe.

The UK has a partially regulated market economy. Based on market exchange rates, the UK is today the fifth-largest economy in the world and the second-largest in Europe after Germany. This is one good reason why an investor should consider investing in The United Kingdom.