Eurozone: Headed for recession this winter
The eurozone economy is likely to fall into recession this winter, as the region continues to grapple with surging prices and the looming threat of energy rationing. With inflation showing no signs of easing, we expect the ECB to continue to hike rates aggressively despite the quickly deteriorating economic conditions. Simultaneously, the upcoming Italian elections add an additional element of uncertainty to the European outlook, we will explore this in more detail in the second part of the session.
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Angel Talavera
Head of Europe Economics
Angel Talavera
Head of Europe Economics
Angel Talavera | Head of Europe Economics
Ángel is Head of European Economics and is responsible for developing Oxford Economics’ view on the region, as well as producing macroeconomic forecasts for Spain. He manages a team of economists producing regional and country-specific thematic research on over 30 countries, as well as contributing to the editorial line of Oxford Economics globally. Angel’s work also involves presenting the outlook to clients around the world and he is frequently quoted in international media.
Nicola Nobile
Associate Director
Nicola Nobile
Associate Director
Nicola Nobile | Associate Director
Nicola Nobile is Associate Director within the macroeconomics forecasting division of Oxford Economics. He joined Oxford Economics in September 2012 in Oxford and now is the Chief Italian Economist, based in Milan. Nicola has a BA in Finance and a MSc in Economics, both from Bocconi University.
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