Olympus E-M5 now sells for less than 600 Euro in Europe.

That’s the great (and bad if you own) thing of all digital stuff. If you have patience and wait for some time price drops down dramatically. In Europe you can now get the E-M5 for less than 600 Euro:
565 Euro sold at [shoplink 46950 ebay]eBay UK (Click here)[/shoplink], 595 Euro at [shoplink 46951 ebay]eBay Germany (Click here)[/shoplink] and 599 Euro at Amazon France (via DL).

P.S.: There is also a refurbished E-M5-1250mm-vertical grip kit at [shoplink 46952 ebay]Olympusmarket (Click here)[/shoplink].