Europe's economy is facing a dangerous combination of challenges: sluggish growth, mounting public debt and rising borrowing costs. As sovereign bond yields put pressure on government finances, Europe's ability to invest in its future is increasingly in question.
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Meanwhile, deep-rooted structural weaknesses – from poor productivity to a lack of competitiveness – continue to hold the continent back. What needs to change to get Europe back on track? Stefan Grobe put this question to Mateusz Szczurek, head of the IMF's European Department.
