Wednesday, August 25, 2010

Two-Speed Recovery Feared in EU

See this addendum to my Aug. 22 mention of post-crisis market inequalities within the eurozone, excerpted below, or in full here.

"... And that's saying nothing of the woeful and untenable "two-speed economies" in Europe and in the U.S. These dual economies risk being perpetuated both horizontally in the private sector, and vertically, on a EU-wide political level (eg. growth differences between the Big Three and EU member states that are smaller players)." (...)

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