ertes
12.11.04, 18:08
The European Union has made no secret of its aim to overtake the US as the
world's most important and powerful economy.
In 2000, it set out plans to make the region's labour markets more flexible,
as well as create a more business-friendly environment.
A report by former Dutch Prime Minister Wim Kok said earlier this month that
the strategy is not working.
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The German recovery is dead in the water right now and the French recovery
looks like it has hit a brick wall
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France's economy has slowed by more than expected, dimming hopes for stronger
eurozone economic growth.
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A separate report on Friday, meanwhile, showed a sudden slowing of growth in
the eurozone, which is made up of the 12 countries that share a single currency.
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WASHINGTON (AP) — The U.S. economy grew at a 3.7% annual rate in the third
quarter — a pace slightly better than in the spring but not as strong as many
analysts expected.
OTTAWA - Canada's economy grew by considerably faster than the 3 per cent
advance the Bank of Canada was expecting in Q3.
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