Towards two-speed growth in the eurozone? - Economic recovery in the eurozone is slowly picking up and the latest quarterly report, Eurozone Forecast, from Ernst & Young forecasts growth of 0.8% in 2010 and 1.3% in 2011, but the gap between southern and northern Europe is growing. Southern eurozone countries will be lucky to avoid a “lost decade”, but northern eurozone countries are expected to perform better due to greater competitiveness. Overall, unemployment is the most pressing...