Hope Dawns for European Recovery


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In `Hope Dawns for European Recovery,’ Bloomberg reporters across the continent show the bright spots that are spreading across the continent. Three years of painful austerity measures and moves toward competitiveness are starting to pay off. The broadest measures of trade are improving across the very peripheral nations that sparked the crisis in 2009. In Ireland, such companies as EBay, Google and Facebook are expanding, bringing back the foreign workers who left during the crisis. Portuguese exports of cars and marble gave the county its first trade surplus in six decades. Spanish companies are reaching out for overseas contracts to diversify the economy from real estate and tourism. Can Europe's recovery be far away?

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