France’s Le Maire: We still have room to manoeuver regarding further sanctions on Russia

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France’s Le Maire: We still have room to manoeuver regarding further sanctions on Russia

These threats are starting to sound less and less convincing when you factor in the impact it is all going to have on the euro area economy and market

These threats are starting to sound less and less convincing when you factor in the impact it is all going to have on the euro area economy and markets. The likelihood of a recession in Europe has increased significantly amid the ongoing tensions. Not to mention that skyrocketing commodity prices – especially oil and gas – will do little to offer any comfort to European citizens.

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