Naivasha is also the home town of the roses that are cherished in Europe and the town is also located in the precincts of the panoramic landscapes of the Great Rift Valley which you must have enjoyed as you descended the escarpment on your way to this resort.
The European sovereign debt problem that started in Greece is a case in point. In the fall of 2009, widening spreads of government securities of the European peripheral countries against Germany became evident (Slide 5).