Despite the Chaos, Europe’s Economies Are Regaining Competitiveness

kassandra

While there remains much to be concerned about when it comes to the economic stability of Europe, there are indications that unit labor costs are retreating in even the most troubled countries — an encouraging sign for future competitiveness.

But can gains in productivity and this momentum on the cost side be sustained?

Despite the Chaos, Europe’s Economies Are Regaining Competitiveness