during the decaye proceeding that has underpinned by a worrying build up of a range of domestic imbalances in some member states including interalia high debt bubbles in some account do ficitcon
During the decade preceding the crisis, divergence has been underpinned by a worrying build-up of a range of domestic economic imbalances in some Member States including, inter alia, high debt and housing bubbles in some current account deficit countries, as well as entrenched weakness in domestic demand in some surplus countries.
During the decade preceding the has underpinned by a worrying build-up of a range of domestic imbalances in some Member States including, inter alia, high debt bubbles in some account deficit countries, well as entrenched weakness in demand in some surplus