What’s happening with the European economy these days? With a few notable exceptions, Europe’s economies remain mired in a cyclical downturn, with a less-than-promising longer-term outlook. This report, a joint project of Accenture and the European Policy Centre, takes a look at what has transpired in the four years since the Lisbon Summit of the European Union. Despite significant progress in some areas, such as the information society, the Lisbon process seems to have foundered. This report does more than analyze what has taken place. It also makes recommendations for greater-and more sustainable-European economic growth.
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