Get your house in order, Europe — or face 'ongoing decline,' economists warn

In the euro zone, Germany and France are facing political and economic turmoil, with no 2025 budget in place for either country. Economists warn of decline and loss of standing for Europe due to lack of growth, fiscal imbalances, and political intransigence. Both countries are operating with provisional budgets as new elections are set to take place in Germany and analysts predict new parliamentary elections in France next summer, highlighting different economic challenges for each.

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