“Powerhouse” Spain prevents euro recession - Germany in a “twilight state”. Germany in particular prevented growth: Europe's largest economy shrank by 0.3 percent at the end of the year because significantly less was invested in buildings and equipment such as machines.
China is also likely to fail as an economic driver given the crisis in the local real estate market. Experts predict that the economic gap between the euro countries is likely to become even greater. The mood in the euro zone economy deteriorated slightly in January. According to the Ifo Institute's forecast, economic output islikely to fall by0.2 percent from January to March.