There’s a good article on Euro ETFs in the Business Times today.
If you personally think that Europe will pull out of its current financial problems but you don’t like the fact that it might be a long term play where your funds might be locked for a period of time, you can consider purchasing Euro ETFs from the NYSE instead of SGX.
When I last checked about 2 months back, the Euro ETFs on offer at SGX capitalised income instead of distributing them. If you prefer an ETF that does provides dividends, you can take a look at the SPDR DJ EURO STOXX 50 (FEZ). Unless you want to do dollar-cost averaging, please note that I’m not telling you to buy NOW, but you should keep this in your watchlist to go long when the time is right!