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UK immigration
London keeps Britain afloat. But the city's wealth is dependent on its openness to immigrants, which is threatened by the country's increasingly hysterical immigration debate. -
Working time
The working time directive has had limited impact on British business. It has caused trouble in hospitals partly because the NHS relies so heavily on junior doctors.
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Structural reforms
The damage done to Europe's growth potential by very low investment and mass unemployment is likely to offset the benefits of structural reforms.
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Economic recovery
Unless labour receives a larger share of the pie, Europe's economic recovery will prove elusive and popular hostility to markets will grow.
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Youth unemployment
European youth unemployment is unacceptably high. Governments are trying to push young people into work, despite weak demand: they would do better to educate them.
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