Competitiveness Gap Widening in Europe

European economies are diverging in competitiveness, according to a report published by the World Economic Forum that highlighted a growing north-south divide as one of the factors at the heart of the continuing euro zone crisis. The annual rankings of 144 nations show a vast difference between the best- and worst-performing nations in the 17-nation single currency area, with Finland taking third place and Greece languishing in the 96th spot — the lowest in the European Union.

Read the full report: Competitiveness Gap Widening in Europe