But the truth is that conditions in the euro area have improved considerably since then. Consider the latest developments: crisis-ridden countries such as Ireland and Portugal are exiting the bailout programme, the risk premia for loans to crisis-hit countries in southern Europe are declining, and investors from all over the world are once again investing in Europe.
Therefore, I very much welcome Sue Milton and Nobert Rothe, and hope that they will find time during their visit to sample a few tourist attractions in Entebbe, as well as Kampala and its environs.