France, Italy, and Spain See Improvements in Growth, While Germany Stagnates

France, Italy, and Spain See Improvements in Growth, While Germany Stagnates
A symphony of light illuminates the south facade of the European Central Bank headquarters in Frankfurt, Germany, on Dec. 30, 2021. Wolfgang Rattay/Reuters
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The eurozone economy in general grew more than three times than economists had expected, despite inflation in the 19-member currency bloc, rising by 8.9 percent, up from a 8.6 percent rate last month, an all-time high.

Analysts claim that the unexpected growth will put the greater European Union (EU) economy on a stronger footing, despite surging inflation and a looming cutoff of Russian gas that may push the entire continent into a recession.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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