GDP growth was stable in the fourth quarter after a small decline in the third. Overall, the economy faces broad-based weakness at a time of weak global demand and structural changes. Southern European countries led the way in terms of growth. A technical recession has just been avoided in the eurozone. Still, the eurozone economy has now been broadly stagnating since late 2022 and has lost substantial ground to the US in terms of GDP in recent years. After the buoyant post-pandemic reopening phase, the economy has now entered a phase of prolonged weakness. Germany continues to drive economic weakness in Europe with ... (full story)