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and while these issues are now being addressed the impact has been hard on the ordinary people, leading to protests and violence.


A positive factor is that deficits are beginning to shrink with some improvements being seen in Spain and Portugal as well as Ireland. Current risks to growth in Europe include the high levels of public debt although steps are being taken to deal with this. Debt levels are the highest in the world (taken from figures produced in 2011) although this is as a collective group rather than based on individual nations.


The main industries in Europe include service industries that account for almost 75%, manufacturing at less than 25% and the remaining industry is agriculture with less than 2%. The level of exports is the highest in the world and this includes


EU states trading with each other. Goods for exportation include vehicles, machinery, chemicals, pharmaceuticals, fuels, wood and paper products, alcohol and plastics, among others.


The European nations also have the highest level of imports in the world (as a collective group). Goods that are regularly imported include motor vehicles, machinery, chemicals, gemstones, textiles, aircraft, ships and plastics. This includes trade within European nations as well as other countries around the world. Imports are particularly high from Asian countries.


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