European Union year-end review 2024: Gearing up for tomorrow

In 2024, the euro area saw modest economic growth driven by external demand but sluggish consumer spending and hesitant investment.
EU exports dropped, but trade surpluses increased.
The textile industry faced a crisis with oversupply and declining demand.
France, Germany, Italy, and Spain each faced unique challenges in textiles and machinery, with sustainability efforts gaining momentum.Read More