Why the Franco-German engine that powered the EU is now almost kaput
Briefly

The Franco-German engine, once the powerhouse of Europe, currently seems not just to be faltering, but wholly ineffective, with both nations struggling politically and economically.
Emmanuel Macron appointed François Bayrou as prime minister after a government collapse, but faces daunting tasks including a public sector deficit that exceeds 6.1% of GDP and rising public debt.
Germany's coalition government has collapsed, leaving the next chancellor to confront a failing economy marked by high energy costs, crumbling infrastructure, and challenges from global trade.
With political instability in both France and Germany, the EU faces unprecedented challenges that may stall its progress and weaken its foundational Franco-German relationship.
Read at www.theguardian.com
[
|
]