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The EU is still playing catch-up with the US (Photo: EUobserver)

EU continues to lag behind US in competitiveness

The EU is still far behind the US in terms of competitiveness, according to a new report published today.

The survey, conducted by the World Economic Forum, measures the competitiveness of countries based on eight criteria, including promoting innovation and an enterprise culture.

Based on these measures, the US scores an average of 5.55 out of 7, compared to 4.97 out of 7 for the EU.

The top three countries in the EU - Finland, Denmark and Sweden - are the only ones to su...

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The EU is still playing catch-up with the US (Photo: EUobserver)

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