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Poverty Gap Growing in Europe

A new EU report has warned of a growing poverty gap in Europe.

The European Commission’s annual Employment and Social Developments review shows the continent is increasingly divided.

The latest figures from 2011 show the south to be the worst hit by unemployment, but a far better economic situation in northern European countries.

EU officials admit that the pace of austerity may have to be slowed.

Source: Euronews. Read full article. (link)

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    "EU officials admit that the pace of austerity may have to be slowed."

    Wow. Just wow.

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