A possible conflict between Russia and Ukraine will lead to a decrease in trade between the eurozone and these countries, but will not significantly slow down the growth of the European economy. According to Goldman Sachs analysis, gas market turbulence could be much more severe.
The escalation of the conflict in Ukraine will have a limited impact on the European economy, according to Goldman Sachs experts.
Since Western Europe has limited export opportunities to Russia and Ukraine,
the greatest turbulence caused by the conflict may be related to the gas market
Conflict in Ukraine worries the gas market the most
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Azovpromstal® 3 February 2022 г. 11:04 |
