Economic growth has been slow in the EU, but it's mostly a demographic issue. There are too many retirees, too few children, and the size of the workforce is stagnant.
Measuring economic growth in someone else's currency can be misleading. By the same metric you used, Eurozone economy grew by ~100% between 2002 and 2008.
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Economic growth has been slow in the EU, but it's mostly a demographic issue. There are too many retirees, too few children, and the size of the workforce is stagnant.
Measuring economic growth in someone else's currency can be misleading. By the same metric you used, Eurozone economy grew by ~100% between 2002 and 2008.