Why is potential growth in the euro zone low?

Potential growth in the euro zone is suffering from population ageing, but also from the chronically low productivity gains in the zone. A comparison between the euro zone and the United States sheds light on the causes of this low productivity gains in the euro zone: It is definitely due in absolute terms to low skills and a weak education system, but the situation is not worse in the euro zone than in the United States; It is clearly due to insufficient corporate modernisation and digitisation; And the low weight of the sector that produces new technologies, combined with less government support for innovation and greater difficulty in financing innovative companies in the euro zone; And also less pressure on companies in the euro zone than in the United States to improve productivity, as the unemployment rate is higher in the euro zone .