PARIS: Save for the Netherlands, Europe's economies are languishing: according to the OECD, average growth in Western Europe will not exceed 1.6% this year, a drop from the 2.7% growth last year. Unemployment is also at record and near record highs almost everywhere. At the same time United States is growing at 2.2%, Japan at 2.6%, ... and China at 10.5.
PARIS: Save for the Netherlands, Europe's economies are languishing: according to the OECD, average growth in Western Europe will not exceed 1.6% this year, a drop from the 2.7% growth last year. Unemployment is also at record and near record highs almost everywhere. At the same time United States is growing at 2.2%, Japan at 2.6%, ... and China at 10.5.