this post was submitted on 23 Jun 2025
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"The eurozone economy is struggling to gain momentum. For six months now, growth has been minimal, with activity in the service sector stagnating and manufacturing output rising only moderately," Cyrus de la Rubia, chief economist at Hamburg Commercial Bank.

"In Germany, there are signs of a cautious improvement in the situation, but France continues to drag its feet".

The expansion in the 20-country currency area was centred on the manufacturing sector, where production increased for the fourth successive month, according to the survey.

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[โ€“] Hirom@beehaw.org 15 points 1 month ago* (last edited 1 month ago) (6 children)

growth has been minimal, with activity in the service sector stagnating and manufacturing output rising only moderately

Growth is very slow? That does'nt sound too bad, as it probably mean we're not having a larger negative effect on the environment and climate.

It's more relevant to look at which sectors are growing vs shrinking. Ideally the most polluting sectors would be the ones shrinking.

[โ€“] cecilkorik@lemmy.ca 10 points 1 month ago (3 children)

Maybe it's time to banish the myth of infinite growth once and for all? Maybe? Nah?

[โ€“] CAWright 2 points 1 month ago (1 children)

Western civilizations attach success to the wrong factors. I hate the idea of rapid business growth being necessary to be considered successful.

[โ€“] cecilkorik@lemmy.ca 5 points 1 month ago* (last edited 1 month ago) (1 children)

Yeah as a North American I always look sadly at so many of those European nations, not making any progress because they're so busy providing healthcare and education for their people, wasting what's left of their economic power expanding human knowledge while creating beautiful art and food and culture and protecting thousands of years of heritage and natural spaces. Socialist hellholes /s

[โ€“] CAWright 1 points 1 month ago

Just think of all those lost profits and how high we could get one or two guys net wealth!

If anyone in those socialist hellholes needs an experience information security engineer, I'd love to protect things that actually matter for a change.

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