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VGK / Europe's Knife-Edge Path Toward Beating Inflation Without A Recession

Growth in Europe's advanced economies will slow to 0.7 percent this year from 3.6 percent last year while emerging economies (excluding Türkiye, Belarus, Russia, and Ukraine) will also see a sharp decline to 1.1 percent from 4.4 percent. While companies have found ways to improve energy efficiency in the past year, persistently higher energy prices will reduce euro area output by more than 1 percent on average in the medium term, with larger losses in more energy-intensive economies such as Germany or Italy. Read More

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Content Topics

Europe

Knife

Edge

Path

Toward

Beating

Inflation

Without

Europe s

Knife edge

Recession

Stock

VGK

Posted: May 13 2023, 22:44

Author Name: Seeking Alpha

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