Dwindling liquidity for governments
During the Spring Meetings held in Washington by the International Monetary Fund (IMF) and the World Bank, a growing concern emerged: governments today have increasingly limited economic and fiscal margins to address new crises.
This was emphasized by IMF Managing Director Kristalina Georgieva, who highlighted that many countries are now in…
War, Geopolitics and Economic Instability
In the 21st century, wars are not merely humanitarian tragedies and political crises: they are also powerful economic shocks capable of influencing financial markets, energy prices and investment strategies.
In a globalised and interconnected economy, even a regional conflict can have global repercussions, affecting:
inflation
international trade
financial stability
global…
The economy of the euro area is expected to continue to recover gradually in the coming years, despite geopolitical and economic uncertainties.
After moderate expansion in 2024, a short-term slowdown is expected due to low consumer confidence and high uncertainty, which increase household savings incentives.
However, the increase in real wages and employment should support…
