There only have been a few transfers made in countries from Europe, and here they are. All money is in Euros.

SPAIN

1. Gago (to Real Madrid, from Boca Juniors, for 20.5m)
2. Higuain (to Real Madrid, from River Plate, for 13m)
3. Fernandez (to Villareal, from Colo Colo, for 8.7m)
4. Marcelo (to Real Madrid, from Fluminese, for 7m)
5. Herrera (to Real Sociedad, from San Lorenzo, on loan)
6. Savio (to Real Sociedad, from Flamengo, on loan)

NETHERLANDS

1. Alcides (to PSV Eindhoven, from Chelsea, on loan)

ITALY

1. Grimi (to AC Milan, from Racing, for 2m)
2. Bergvold (to Livorno, from FC Copenhagn, for an undisclosed fee)
3. Coppola (to Livorno, from Palermo, on loan)
4. Wilhelmsson (to Roma, from Nantes, on loan)
5. Tavano (to Roma, from Valencia, on loan)

GERMANY

1. Rost (to Hamburg, from Schalke, for 1m)

FRANCE

1. Belhadj (to Olympique Lyon, from Sedan, for an undisclosed fee)
2. Arrache (to Olympique Marseille, from Strasbourg, for an undisclosed fee)
3. Fort (to Toulouse, from Slavia Prague, for an undisclosed fee)
4. Ouaddou (to Valenciennes, from Olympiakos, on loan)

And that is the top off of all the BIG transfers in Europe, this will be updated regularly.