Europe faces ‘competitiveness crisis’ as US widens productivity gap

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2024-03-09 15:00:25 The US has widened its productivity lead over Europe, sparking fears in the EU that it faces a “competitiveness crisis” as policymakers call for greater public and private investment. New data released on Friday showed eurozone productivity fell 1.2 per cent in the fourth quarter from a year earlier, while in the US … Read more