BUSINESS● ELEVATEDJul 7 · Jul 7, 2026, 9:53 AM
Euro area 'under strain' as recession risks loom
EuroNews [en]
Rolf R. Strauch, Chief Economist at the European Stability Mechanism, said governments "have to create growth" to avoid a possible recession. The global instability poses "high demands" in governments that have to face them with limited fiscal space.
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