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The French economy is doing well
I recently discussed how the Eurozone is currently experiencing a reversal of fortunes. While the region suffered tremendously in the aftermath of the Eurozone crisis, countries in Southern Europe have been outperforming Germany since the beginning of the global pandemic, especially the French economy.
France has been performing particularly well. The French economy grew far faster than Germany throughout 2022 and 2023. Moreover, GDP projections show that France will continue to exceed German growth rates in the coming years.
Soft Power: Tourism and cosmetics
France has a well-known cultural appeal, especially