Growth and Jobs for Europe?
EUROCHAMBRES, the association of European chambers of commerce, has a new report out measuring the EU’s progress achieving its ambitious plan of becoming “the most dynamic and competitive knowledge-based economy in the world capable of sustainable economic growth with more and better jobs and greater social cohesion, and respect for the environment.” Unfortunately, the report concludes that the EU is still losing ground. In two years’ time, the gap EU-US (sic) has widened for all economic indicators: Income (GDP per capita). The current EU level for income was achieved by the US in 1985. Since the first edition of the study, the time gap has increased by 3 years; Employment and R&D. Both the current EU levels for employment and Read More ›