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Pessimism sets in for Europe as Iran war hits economic and consumer confidence
7 Articles
7 Articles
Despite the escalation caused by the arrival of the Huthi militia allied with Iran, the Eurozone headline index increases by 0.65 percent to 5.541.79 points.
New crisis fears are spreading: Economic confidence is plunging in the eurozone. In these hours, days and weeks, there is enormous uncertainty about how the war in the Middle East will develop. The fear is that the conflict will
According to data from the Directorate-General for Economic and Financial Affairs of the community executive, economic sentiment declined 1.5 points in March, to 96.7 in the EU, and 1.6 points, to 96.6, in the euro area, a period marked by the war between the United States, Israel and Iran, which began on February 28. Already in February, the indicator had fallen to 98.2 points in both zones, with a long-term average of 100 points. In the EU, th…
The eurozone's economic confidence has worsened in March for the second consecutive month, according to the economic sentiment indicator (ESI) drawn up by the European Commission, which thus falls to its lowest level since September last year in the face of the impact of the conflict in the Middle East, with a reading of 96.6 points, compared to 98.2 the previous month. Read
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