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Germany is close to entering a recession

Location:

GERMANY

Berlin believes that supply via the pipeline will decline significantly or end completely after the maintenance work. Consumer confidence in July reached an historic low…

War threatens lasting risks for Germany’s economy

Location:

GERMANY

The impact of the war in Ukraine, and Western sanctions on Russia, is already harming the economy through higher energy and consumer prices plus trade disruption. The German…

Energy costs will squeeze Greek firms’ profitability

Location:

GREECE

During the coming winter months October-March, rising electricity and heating prices will reduce household disposable income, dampening domestic demand. The low profitability of…

Prospects for the euro-area economy to end-2022

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PROSPECTS H2 2022

Prospects for the euro-area economy to end-2022.

East European growth in 2023 will be modest at best

Location:

EASTERN EUROPE

Some countries are dipping into recession, while others are likely to manage modest growth. Their various policy and real-economy responses point to different strengths and…

ECB will extend QE programme on December 3

Location:

EURO-AREA

At a press conference after the previous meeting on October 22, ECB President Mario Draghi was clear that downside risks to the inflation outlook might lead to a reassessment at…

Euro-area may avoid recession in 2023

Location:

EURO-AREA

The macroeconomic impact of the war in Ukraine has been less serious for the euro-area than initially feared

TAP pipeline could reconfigure gas trade in Balkans

Location:

BALKANS

The pipeline will run from Greece's Turkish border across the Adriatic, at a cost of 45 billion dollars. It inaugurates the Southern Gas Corridor linking the EU to producers in…