Pete Erickson has designed a wonderful rod specially setup for Euro and Czech Nymphing.  The Echo Shadow II comes in a 10' 3# or a 10' 6" 4# setup.  Both rods are four pieces, sexy looking, and will help you hone your European Nymphing techniques without breaking the bank.

Echo also sells an add-on competition kit that allows you to screw in a fighting butt and extend your rod's length by six inches.