The deals to be had will almost certainly only be in marketswhereanexit isworthwhilefinanciallyorwhere thereispotentialforconsolidationinthe samemarket.
Given this possibility of simple exit from any and all of the European tax systems (and such exit does not require that one stays in the EU either) the theoretical peak of the Laffer Curve is lower in Europe than it is in the US. Where such exitis very much more difficult.
Another senior U.S. official said the Pentagon could make up for the MOPs' shortcomings by dropping them along with other guided bombs on top of a bunker's entry and exit points provided the intelligence is available about where they are all located.
For Utrecht-based Rabobank, the sale isthe latest move in its plan to streamline its overseas business and exit markets where it lacks scale, and focus on agriculture and food-related businesses.