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EU To Downgrade Growth Forecast Due To 'Stagflationary Shock' From Iran War

Growth Forecast Due
International Business Times Fews App News Provider
Fews App Post Time Hace 11h

The European Union will downgrade its growth forecast as a result of the Iran war. The European Union will cut its growth forecast as a result of the "stagflationary shock" from the Iran war, its economy commissioner said. Speaking to CNBC, Valdis Dombrovskis, European Commissioner for Economy and Productivity said the block has a narrow margin of action.

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