"The deeper risk, she suggested, is political. #Europeans “will have to decide again whether they’re #together or not”."
#EU #Europe #cooperation
“We are facing a real shock…probably beyond what we can imagine at the moment.” Christine Lagarde, president of the European Central Bank, explains why the disruption from the Gulf could last years economist.com/finance-and-ec…
Christine Lagarde’s sober tone on the Gulf war energy shock
Christine Lagarde warns that risks from the Iran war are underestimated, with energy disruption potentially lasting years and limited fiscal space for response.
From economist.com 18