The euro zone debt crisis may be have eased in the markets this year, but analysts have told CNBC that 2014 could bring disturbance on a political front.
Gilles Moec, co-head of European economic research at Deutsche Bank expects France to be a focus for concern, with any bold plans to restructure its struggling economy being stifled at every turn.
Data from the INSEE National Statistics confirmed on Tuesday that gross domestic product for France was just 0.1 percent in the third quarter, compared with the second quarter. Meanwhile, the Netherlands - recently downgraded by ratings agency S&P - posted 0.2 percent growth for the quarter, beating estimates.
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Hollande's approval rating for December rose by two percentage points, to 22 percent, from a month earlier, according to Reuters who quoted a recent poll by research firm Ifop. This is the first uptick since August, and is an improvement on the Socialist leader's 15 percent figure in another survey in November, the news agency said, which was a post-World War Two record low.
"My guess is there will be a surge of anti-European/populist parties in France," Moec told CNBC Tuesday in regards to May's elections for the European Parliament. "It would be a very, very complicated political gamble for (President Francois) Hollande to try to force more European integration into an increasingly restless public opinion."
Following the financial crash of 2008, European nations have been busy restructuring and rebalancing their economies. Substantial sovereign and bank debt led the euro zone to fall into a prolonged recession in 2011 as the extent of its problems became fully aware.
To help bolster the euro zone's economy, Mario Draghi, the president of the European Central Bank (ECB) has kept interest rates low and used cheap-rate long-term loans to pump liquidity into European lenders and promised to do "whatever it takes" to save the currency bloc.
Meanwhile, the euro zone's leaders have put in train a "banking union" so that the region's shaky financial sector will no longer be a drain on government finances. Politicians have also hinted that political integration could follow a banking union, bringing the euro zone together further still.
While European governments continue to form closer bonds, fringe politics have also seen a rise. Current polls point gains for Eurosceptic groups across the continent including the U.K. Independence Party and the Party of Freedom in the Netherlands.
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