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The World Bank has classified the economies of the world on the basis of income.The groups made are as follows:
About Europe economic stimulus
As per latest reports, there are a number of proposals for Europe economic stimulus by European Commission. It has been asking members of European Union to get together in a battle against ongoing global recession.
Aggregate value of proposed economic stimulus Europe package is around $256 billion. Primary aim of this European economic stimulus is to restore confidence within business establishments and common buyers throughout Europe.
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