The economic situation in the EU has started gradually improving nearly two years ago, and most Member States have recently registered positive GDP growth. Employment has started picking up, with improvements now materialising in most sectors. The latest Employment and Social Situation Quarterly Review highlights significant positive trends, such as the continuous fall in unemployment, the increase in permanent and full-time contracts, the decline in youth unemployment and also — for the first time since the onset of the crisis — the decline in long-term unemployment. However, considerable challenges remain, with levels of unemployment still high, and significant differences across Member States. (...)
A fresh FTSE high is not yet reason for UK enthusiasm
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Recent turnaround still owes most to a steep and persistent valuation
discount
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