| Inflation vs growth: Eurozone struggles amid global tensions
06 Dec 23 6 min read
Insights
- The eurozone's vulnerability to global tensions, especially due to its significant imports of commodities like gas and oil, has resulted in inflation and a cost-of-living crisis.
- While the ECB controlled inflation, it led to a trade-off between inflation and growth, affecting growth prospects.
- Recession risks loom, impacting manufacturing and employment.
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