When I discussed Europe with the senior trade commissioners in each of our posts, I found that historically most of their activity has been inward-looking. In other words, most of their GDP production is through activity that occurs either directly in the nation they are from, or within the European Union.
Given the state of the European Union at the moment, given the state of individual countries such as Spain and Italy, they are now much more outward-looking. So there's much more activity where they are looking offshore for partners, opportunity, etc.