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chief Europe economistCNBC
•World
World
82% Informative
Economists say the trajectory for Germany and France is worrying, warning that the absence of growth, fiscal imbalances and political intransigence could lead to decline and a loss of standing for Europe , as a whole.
As it stands, neither France nor Germany has a 2025 budget in place amid political infighting that ultimately brought down their governments.
Germany 's problem is one of underspending and underinvestment that have led to dwindling economic growth.
Goldman Sachs chief Europe economist Jari Stehn says Europe will face a difficult year in 2025 .
Stehn: "There are lots of issues.... high energy prices, China slowing, political uncertainty, trade tensions are all negative things" Investors are still looking for potential bright spots in the region, however.
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