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Europe Wealthy but Unbalanced: Economist

Fri 17 Feb 12 | 02:00 AM ET
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Europe Wealthy but Unbalanced: Economist

Fri 17 Feb 12 | 02:00 AM ET
"If you go through the data, on the balance sheets and such," Erik Nielsen, chief economist at Unicredit, told CNBC, "Europe as a whole looks pretty wealthy compared to the US and the UK." The issue, he added, is a matter of distribution.
 
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