Arutz Sheva visited the annual Go4Europe conference, one of the most prestigious conferences in Israel.

Go4Europe addresses the current issues of raising funds and establishing strategic alliances in Europe.

“The conference was established ten years ago,” said Edouard Cukierman of Cukierman Co. Investment House, one of the organizers of Go4Europe. “We bring people from Europe and Israel together to develop business activities between Israelis and Europeans.”

“The way to do it,” he added, “is to show Israeli technologies to the European investment community.”

Cukierman pointed out that since 2005, 88 Israeli companies have gone public on the European stock exchange and noted that there are more business partnerships between Israeli and European companies than there are between Israeli and American companies.

The opening speaker at this year’s conference was Deputy Foreign Minister Danny Ayalon, who told Arutz Sheva, “Israel and Europe are very close together. Not only geographically, not only in terms of value sharing and enjoying our democracies, but also economically and technologically.”

It’s important to continue the cooperation between Europe and Israel, said Ayalon, adding, “We buy more than $33 billion in European goods and services. This will continue. We will continue to seek investments in Europe and I believe this will benefit the European economy, the Israeli economy and also the global economy.”

Xavier Buck, CEO of EuroDNS who took part in one of the panels at the conference, praised Israel for being business savvy and for reaching out to the entire world.

“For my businesses, especially the ones that work online as a domain registry, I see partnership opportunities out of Israel,” he noted.

“It seems that Israel has more money than money other areas in the world, definitely more than Europe right now, so that’s quite interesting to follow and to see how they see the problems of the world,” said Buck, referring to the current economic crisis in many parts of Europe.