Economic torpor this year has gripped not only Britain but also much of continental Europe. Braked by West Germany's first major postwar recession and by sluggish business in France, the Common Market is headed for the slowest expansion in its ten-year history. In its third quarterly report, the Brussels-based EEC Commission has just concluded that the total output of goods and services in the Six will rise only 2½% in 1967, after discounting inflation.
That prospective performance compares with a 4% growth last year, which was the worst since the Common Market's...
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