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Economy
Could oil price surge derail the ECB's plans for a rate cut in June?
Latest developments in the Middle East raise concerns about a potential broader conflict and its global economic ramifications. Key worries for Europe include whether escalating energy prices might influence the European Central Bank's (ECB) decision-making regarding a planned rate cut in June.
Israel
Euroviews. For Israel, Iran's attack is an opportunity to not miss an opportunity
Saudi Arabia's recognition of Israel would put an end to historic tensions between Israel and much of the Arab world, paving the way for enhanced economic ties, security collaboration, and broader reconciliation with other Arab nations, Mati Gill writes.
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Economy
Eurozone growth set to rebound as ECB cuts interest rates, IMF says
IMF expects the Eurozone to recover from 2023's 0.4% growth, with projected rises to 0.8% in 2024 and 1.5% in 2025. Inflation decline allows central banks to consider rate cuts, but Middle East tensions threaten to hike oil prices and shipping costs, potentially dampening the economic outlook.
Economy
EU price rises on the cards? Expert insight on Red Sea economic impact
Houthi attacks in the Red Sea have disturbed vital trade routes connecting Europe, the Middle East and Asia. Euronews Business spoke to Dr. Yousef M. Alshammari, Senior Research Fellow at Imperial College London, to explore the consequences for the European and global economy.
Middle East