There is a huge discrepancy between the status of various economies even within the eurozone. This is one of the fundamental challenges that has dogged the EU relentlessly since the 2008 financial crisis. Policies that may be good for certain European countries, such as Germany (which has low growth and low unemployment), cannot possibly help a country like Spain (which has growth marginally higher than Germany but an unemployment rate five times higher).
We often discuss Europe’s overall stagnant economy, and how this poses a challenge particularly for export-dependent countries like Germany. This map does a good job of identifying some of Europe’s key problems going forward. These problems don’t have easy fixes and will continue to shape geopolitics for the rest of the year and beyond.