German bank: Spain remains the growth engine of the Eurozone.

Vincent Stamer of Deutsche Bank stated in a report that Spain remains the growth engine of Europe. The Eurozone economy unexpectedly grew by 0.3% in the fourth quarter of 2025, with Spain's GDP rising by 0.8%, surpassing the expected 0.6%. Stamer added that private consumption boosted the performance of the entire Eurozone. "Households are now allocating a higher proportion of income to spending." Meanwhile, investments are increasing, although there are signs of slowdown in France. Overall, this performance may provide a basis for the European Central Bank's growth target of 1.4% in 2025. With inflation also nearing the target, the European Central Bank seems to be in a good position. Stamer said, "Therefore, we believe that the European Central Bank will not further lower key interest rates this year."