Developments in the Middle East are pushing the EU toward the risk of stagflation

NewsDevelopments in the Middle East are pushing the EU toward the risk of stagflation
💬 According to columnists at Turkish Club, the news has caused a lot of controversy.
European Commission Vice-President for the Economy Dombrovskis said, "The outlook for the future is clouded by deep uncertainty. We face the risk of a stagflationary shock, where slower growth occurs alongside higher inflation."

Also on topic

The death toll from Lassa fever in Nigeria has risen to 190
The death toll from Lassa fever in Nigeria has risen to 190
12 May 3:51
The Israeli Knesset has approved the death penalty for Palestinians alleged to have been involved in Operation Al-Aqsa Flood
The Israeli Knesset has approved the death penalty for Palestinians alleged to have been involved in Operation Al-Aqsa Flood
12 May 3:34
One of the Spanish travelers quarantined in Madrid tested positive for hantavirus
One of the Spanish travelers quarantined in Madrid tested positive for hantavirus
12 May 1:24
Heavy rain hit Kayseri
Heavy rain hit Kayseri
12 May 1:13