【题干】Passage 2
Economic Troubles Cloud New Market's Future
But perhaps the major reason is the dark economic clouds now hanging over Eaurope.One of thecentral justifications for the single market was its ability to create greater prosperity, but it is makingits debut just as Europe traverses one of its roughest economic storms in years.
“We are going to wind up 1992 with just about the same level of unemployed—nearly 10 percent community wide—that we had belore this project , "says an aide to Mr. Delows. In addition ,economic growth is skidding to an anticipated l per cent next year ,all of which adds up to consumerand business confidence sinking to the same lows recorded during the pre-single market days ofEuropessimism.
Both EC and independent analysts say that business anticipated the economic benefits of thesingle market,so that much of the burst of economic activity in preparation for the new market hasalready occurred.
Business investment,which had been flat for the five years preceding the decision in 1985 tocreate the single market,soared to a 7 per cent annual growth rate from1985-1990.
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