Eurozone: The fragile recovery – ABN AMRO
Consumption and industry are continuing to recover, despite the looming new risks to the outlook. The likely passage of a 2026 budget in France is also a welcome development. We do not expect a lasting solution to France’s fiscal woes, but nor do we expect the country to descend into a crisis.
Consumption and industry are continuing to recover, despite the looming new risks to the outlook. The likely passage of a 2026 budget in France is also a welcome development. We do not expect a lasting solution to France’s fiscal woes, but nor do we expect the country to descend into a crisis.
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