differences among the individual member states.
The current economic situation is assessed as very favourable in Germany and Austria. In Belgium, Slovakia, Finland, the Netherlands and Luxembourg the situation
but the economies of Europe, which export heavily to Asia, are developing well."
De Maeseneire believes that Germany has a stimulating effect on the other economies of Europe. In general, he cannot see any
by the EU.
Youth unemployment is particularly high in Spain where almost 50% are out of work, something which is closely followed by Greece’s 35% unemployment figure amongst young people. Only Germany can
to lose their jobs.
This comes after German manufacturer Audi last week told Staffing Industry Analysts it was going to cut hundreds of temporary jobs at one of its bases in South-Western Germany alone