Economy

Goldman says Israel-Hamas war could majorly impact Europe’s economy

0


Armoured vehicles of the Israel Defense Forces (IDF) are seen during their ground operations at a location given as Gaza, as the conflict between Israel and the Palestinian Islamist group Hamas continues, in this handout image released on November 1, 2023. 

Israel Defense Forces | Reuters

The Israel-Hamas war could have a significant impact on economic growth and inflation in the euro zone unless energy price pressures remain contained, according to Goldman Sachs.

The ongoing hostilities could affect European economies via lower regional trade, tighter financial conditions, higher energy prices and lower consumer confidence, Europe Economics Analyst Katya Vashkinskaya highlighted in a…



Source cnbc.com

0 0 votes
Article Rating

Live Nation (LYV) earnings Q3 2023

Previous article

Eli Lilly (LLY) Q3 earnings report 2023

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Economy