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E.U. economy behind the U.S.(Indicators)(European Union)(Brief Article)(Illustration)
A new report from the Swedish research institute Timbro begins with the question: "If the European Union were a part of the United States of America, would it belong to the richest or the poorest group of states?" The study then reveals that Europe trails well behind the U.S. economically, has fallen further back in recent years, and shows no signs of reforming in ways that would allow it to catch up. Timbro argues that a combination of high taxes, low ...
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