Study reveals fragile state of Europe's VC market

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EUROPE/UK - European venture capital activity took another worrying slide during the second quarter 2002 posting the worst figures for three years, according to the latest data from Ernst & Young and VentureOne.

The UK market, Europe’s biggest, suffered a dramatic fall both in terms of deals done and money raised. The market stood at only one seventh of boom-time values in 2000, amounting to only 44 ventur...

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