April 26, 2022 - 10:02 AM 269 views
Mogan Stanley analyses the Euro Zone GDP growth for the years 2022 and 2023 in the latest note published on Monday.
The geopolitical headwinds on the European continent and the victory of the French president for the second time had a direct and slight negative impact on the economic activities in the Euro area. As a result, the Eurozone GDP forecast has been reduced from 3% to 2.7%, a 1% point cut, and the 2023 growth forecast has been reduced to 1.3%.
Forecasts from Mogan Stanley In the second half of the years say that more material impacts will be shown via various channels of transmission.