According to many analysts, the eurozone is moving recessionWhat will be deepand which will then be dug up again.
According to analysts of the Berenberg company, the euro will weaken strongly in the 4Q of the year, and this decline will intensify in 1Q23. For these 2 quarters economic will decrease overall by 1.7%. The subsequent recovery from the fall will not be easy or quick.
Analysts see it the same way French bank BNP Paribas s tm, and risk recession to stretch to 2Q23.
Analysts Morgan Stanley project full-year contraction pt eurozny or 0.2%. Pros Nmecko potential s contraction or 0.7%.
Analysts UniCredit sweat s withdrawal and then with just a slow recovery. As the main factor that will complicate the fall vision you rate at major central banks, will dampen overall activity.
According to UBS analysts, it will be paid in ppad, e recession finish in 2Q23, very slowly.
ECB zat pro EUR dr the growth estimate for this year is 3.1% and 0.9% for the fifth year. A regular review should take place every 5 months.
For interest and comparison in the crisis years of 2009 (finance crisis) a 2020 (covid) eurozny economy weakened by 4.4 and 6.1% respectively.
Vladimir Urbnek
In the field” for more than 20 years. After several years of experience in the trade of fine peppers, Vladimir Urbnek for the last 15 years he has been dedicated to reporting from domestic and foreign capital markets.
Consider age the result of experience and ability compared to the time before the last major crisis in 2008-9.
