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“Our base case is that Europe will face a pretty difficult year in 2025,” Jari Stehn, chief Europe economist at Goldman Sachs told CNBC, with the investment bank forecasting 0.8% growth for the euro zone in 2025 — compared with 2.5% for the U.S., over the same period.
“There are lots of issues ... high energy prices, China slowing, political uncertainty, trade tensions are all negative things,” he told CNBC’s “Squawk Box Europe.” Investors were still looking for potential bright spots in the region, however.