EU will still be hit by ‘stagflationary shock’, Brussels warns
European Commission preparing to cut growth forecasts despite two-week Iran war ceasefire
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EU member states urged to lower gas storage targets due to Iran war
European Commission proposes steps to try to reduce demand for energy from households and industry
The spectre of stagflation
War in Iran threatens to hit growth and confidence, deepen governments’ unpopularity and hurt public finances
Global economic outlook darkens as policymakers count cost of Iran war
Central bankers and economists prepare to meet in Washington to assess conflict’s damage
Lengthy Iran war could cause inflation ‘spike’, warns ECB’s top economist
Philip Lane says extended conflict and disruption to energy supplies could also lead to ‘sharp’ drop in Eurozone output
US warns Europe of delays to arms shipments as Iran war drains stockpiles
Deferred shipments could include those used in Ukraine’s defence against Russia
The Iran war has made clear Europe’s role as bystander
If Europe is to regain any status, it will have to do a lot more than just say ‘no’