Carstensen, Kai; Gern, Klaus-Jürgen; Kamps, Christophe; … - Institut für Weltwirtschaft (IfW) - 2002
The recovery in Euroland has started at the beginning of this year but it has remained rather moderate. Real GDP increased at an annual rate of less than 1½ percent during the first half of 2002. Capacity utilization has declined further and unemployment continued to go up. While exports have...