ECONOMIC CONFIDENCE IN THE EUROPEAN ECONOMIES HAS BEEN DECLINING IN THE ONGOING EUROPEAN FINANCIAL CRISIS WHICH HAS CRITICALLY IMPACTED THE NATIONS’ WEALTH. SOME ECONOMISTS ARE PREDICTING THAT EUROPE’S ECONOMIC SLUMP WILL BE DEEPENING. DISCUSS THE CURRENT EUROPEAN ECONOMIC CRISIS AND ITS IMPLICATIONS TO THE NATIONS’ WEALTH. YOU MAY ELABORATE ON GDP GROWTH, INFLATION, UNEMPLOYMENT, ETC AND THEIR IMPACT ON INDIVIDUAL CITIZENS’ WEALTH.
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