The entry of ten new EU states in May will boost EU productivity to levels only just below that of the US, according to a new report by an influential US business group.
The study, published yesterday by the New-York based Conference Board, shows that EU productivity growth at 0.8 percent lags far behind the US at 2.6 percent.
However, the ten new member states have far higher productivity growth levels - with an impressive average of 4.2 percent over the last eight years.
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