MARKETS

Euro zone faces even more inflationary headwinds: European Commission

THE euro zone economy is expected to face higher inflation both this year and in 2023, officials told CNBC on Monday, while plans are being stepped up for the prospect of a permanent Russian natural gas supply cut.

Tim Daiss

Euro zone faces even more inflationary headwinds: European Commission

European countries have been under intense pressure in the wake of Russia's invasion of Ukraine in February and its ongoing war there, with higher energy costs pushing up inflation across the region. ...

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