Reported about 18 hours ago
The euro zone economy ended 2024 on a weak note, showing several signs of distress amid fears of rising trade tensions and potential tariffs from the incoming Trump administration. Key indicators, including the European Commission's sentiment index and German industrial orders, fell unexpectedly, indicating stagnant growth and a continued recession in Germany's industrial sector. Despite hopes for recovery fueled by rising real incomes, households are likely to save more rather than spend, further complicating the economic landscape.
Source: YAHOO