Recovery through Confidence

The economic situation in the European Union requires rapid response. Growth is stagnating at around 1% whilst it is over 2.5% in the USA and 7% in China - unemployment lies at 10% (11.5% in the euro area), disparities between the Member States have grown instead of converging.

It seems that the specific nature of EU integration and the European economy are not considered adequately when solutions are proposed which lead to many divisions between the members of a Europe that certainly does not need to add political divergence to its present difficulties.

• Primary Source

ESO: Background information: The ‘Juncker plan’ does not offer a genuine route to boosting the Eurozone’s recovery http://www.europeansources.info/record/the-juncker-plan-does-not-offer-a-genuine-route-to-boosting-the-eurozones-recovery/

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