Economy19.09.2022 - 14:56

Resalat: echoes of special operations in Ukraine shake EU economy more and more

The echoes of the special operation continue to drive the European economy into recession. That is, in fact, according to Iranian Resalat, there will be no lull in the large-scale crisis.

Фото: from open sources

The publication reminds that amid the special operation and the resulting energy crisis, the European Central Bank (ECB) is increasing its key rate already in nineteen countries that are members of the eurozone.

All this happens for the sake of returning the inflation rate in the European region to the level of 2-3%.

The publication also says that the ECB denies the possibility of recession in Europe, but does not rule out the possibility of a complete cessation of Russian fuel supplies this year.

At the same time, the heavy reliance of EU companies on Russian gas shows that all hopes of the ECB look too rosy and optimistic.

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