#Europe does not have the resources to cushion the energy blow from the war in Iran.Rising oil and gas prices amid the Middle East conflict threaten to cause a severe economic shock to Europe. According to The Wall Street Journal, the region, whi...
...ch had hoped for an acceleration in growth after prolonged stagnation, faced a "painful turnaround."The energy shock caused by the war in the Middle East... This is becoming a painful turn for the region, which expected to accelerate economic growth this year after a long period of stagnation., — it is noted in the publication.At the same time, there are practically no opportunities for European governments to mitigate the impact. The newspaper emphasizes that the European Union has "limit...
