Eurozone outlook: Between recession risks and a booming summer
The list of risks facing the eurozone economy continues to grow. With inflation being stronger and more entrenched that previously expected, the ECB will be forced to implement a stronger monetary tightening. Meanwhile, the industrial sector continues to reel from persistent supply chain issues while consumers are suffering a massive hit to real incomes as a result of the inflation surge. Simultaneously, some sectors of the economy continue to outperform, with services, and in particular the outlook for the tourism sector looking bright ahead of the summer season.
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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.
Tomas Dvorak
Assistant Economist
Tomas Dvorak
Assistant Economist
Tomas Dvorak | Assistant Economist
Tomas joined Oxford Economics in September 2019 as Assistant Economist in the eurozone team. In addition to forecasting, he focuses on analysis of macroeconomic policies and developing modern, data-driven approaches to economic forecasting.
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