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The euro area economy is in economic trouble, and the economies of France, Germany, and Italy are all sluggish.
According to Jin10 data on January 30, although many setbacks in recent economic rise have come from outside the eurozone, there are also some caused by the eurozone itself. Data shows that due to the political stalemate hitting business and consumer confidence, coupled with the fading of the summer Olympics, the French economy contracted in the last few months of last year. Germany (the largest economy in the eurozone) has experienced contraction for the second consecutive year, dragging down the eurozone, which is preparing for new challenges in 2025. The latest data shows that the German economy shrank by 0.2% in the fourth quarter of last year, while Italy, the third-largest economy, remained stagnant.