The crisis has not yet ended in Europe
According to the World Bank; the ten recently acceded Members of the European Union, can expect a 1.6 percent GDP growth, but not in all of the countries.
The EU10 Member State's GDP last year decreased by an average 3.6 percent. The average economic growth of the ten Member States can be a moderate 1.6 percent this year and 3.6 percent next year. Despite the fact, that the ten new Member States’ GDP growth in the coming years will be higher than the old Member States, the way out will be hard and the growth will be far below the pre-crisis levels – reports Index.
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