Euro Area Outlook 2025: Under Pressure

Our European economists in Goldman Sachs Research expect 2025 to be another challenging year for the Euro area economy. That said, they see several reasons for continued growth, rather than a Euro area recession. Growth momentum remains modestly positive; consumption is likely to recover given rising real incomes and elevated savings; and they expect the South to show continued resilience compared with the North.

• Euro Area Outlook 2025

  Under Pressure