In Q4 2025, activity in the euro area continued to grow at a moderate pace (+0.2% after +0.3% in Q3). Activity picked up in Germany after two sluggish quarters (+0.3% after +0.0% and -0.2%), the Italian economy gained some momentum (+0.3% after +0.2%) and growth in Spain remained robust (+0.8% after +0.6%). In France, GDP slowed after a Q3 boosted by a surge in aerospace production (+0.2% after +0.5%)...