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Where do you get higher unemployment from? Sure the European Union as a whole has a higher unemployment rate than the US, but lots of European countries (both in and out of EU) have a lower one (recent OECD figures, I'm sure I can dig up a link if required). The same goes for GDP growth as far as I can remember.
Europe is currently extremly diversified, with huge gaps between the different countries, which makes a direct comparison difficult. Italy is a totally different society, both economicly, cultural and politicly from for instance Scandinavia.
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