EU countries show limited income convergence, challenging economic growth expectations.
The article examines how countries in the EU have been moving towards similar income levels over time. They looked at GDP per person in each country and compared it to the EU average. They also considered how other factors might affect this convergence. The researchers found that not all EU countries are converging as much as previous studies suggested. When accounting for other growth factors, more countries are converging, but still not as many as expected.
