Germany and France face economic challenges, PMI declines, and political fragmentation.
Germany and France, Europe's largest economies, are facing significant political and economic challenges, raising concerns about potential fragmentation and a leadership vacuum. Recent declines in the Composite Purchasing Manager's Index (PMI) indicate reduced business activity, while both nations grapple with rising extremist political parties and economic uncertainty. Analysts predict low growth rates, suggesting a prolonged downturn for Europe's traditional growth drivers.
September 23, 2024
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