EU challenges

THE THREE CHALLENGES OF THE INCOMING PRESIDENTS OF THE EU (COMMISSION, COUNCIL AND PARLIAMENT)

The first challenge is the economic situation: The financial crisis is receding but huge economic problems remain. Unemployment in Europe is at record highs and goes a long way to explain voter dissatisfaction with national and European leaders. Debt levels are historically high. Economic growth has turned positive again but remains far too feeble to alleviate the high joblessness or meaningfully reduce public debt, in particular in countries with high debt levels.

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