Euro space ‘below pressure’ as recession dangers loom

Euro area ‘under strain’ as recession risks loom

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.

READ MORE : http://www.euronews.com/2026/07/07/euro-area-under-strain-as-recession-risks-loom

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