Eurozone Economy In The Line Of Fire

ING Economic and Financial Analysis5.22K FollowersFollow5ShareSavePlay(4min)CommentsSummaryWhile great uncertainty persists, it looks certain that the eurozone economy, as a major energy importer, is the most vulnerable to war-induced economic shocks, though we don’t see current events derailing the recovery.The manufacturing sector faces renewed difficulties, having already endured higher energy costs compared to the US and China.Slightly lower growth and somewhat higher inflation will likely keep the ECB on hold for now. MicroStockHub/iStock via Getty Images By Peter Vanden Houte, Chief Economist, Belgium, Luxembourg, Eurozone War, China and tariffs The eurozone economy is one of the most vulnerable to the Middle East war among the major economies. Although we anticipate that risingThis article was written byING Economic and Financial Analysis5.22K FollowersFollowFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.