The outlook for euro area activity and inflation has become very uncertain and crucially depends on the evolution of the Russian war in Ukraine, the impact...
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Résumé
The outlook for euro area activity and inflation has become very uncertain and crucially depends on the evolution of the Russian war in Ukraine, the impact of the sanctions currently in place, and possible further measures. The projections' baseline scenario includes an initial assessment of the impact of the war on the eurozone economy based on information available as of March 2, 2022.