Euro zone economy stagnates as Germany struggles

It marked the sixth consecutive quarter of no or little growth. Economists expect more of the same in the coming months.

The euro zone's largest economy shrank by 0.3% in the last three months of 2023 while in bloc as a whole output was flat.

The euro zone's economy stagnated last year, weighed down by an industrial malaise in Germany, its former powerhouse, data showed on Tuesday.

The 20 countries that share the euro barely avoided an outright recession in the final quarter of last year even as the zone's biggest trading partner, the United States, chalked up impressively brisk growth.