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19/07/2011

European restructuring monitor quarterly - Issue 2 – summer 2011

EF/11/55/EN


The EU economy continued to grow over the last quarter with more positive data in particular from core economies. Problems of sovereign debt management however persist in several eurozone Member States and negative economic news from other developed economies has tended to more than mitigate any positive momentum arising from the dynamism of the emerging market economies. Unemployment in the USA has begun to rise again while labour market participation rates are at their lowest level in 25 years. The Japanese economy once again entered a period of contraction following the March 2011 earthquake. 

author(s): European Foundation for the Improvement of Living and Working Conditions/ European Monitoring Centre
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