Is Europe on the Cusp of a Recession?

The war in Ukraine has undermined Europe's economic recovery from COVID-19 and introduced a powerful new shock to the continent. High energy and agricultural prices are stoking a surge in inflation that's forcing the region's central banks to tighten monetary policy more rapidly than expected. A recession now seems likely.

Join us to explore the following questions:

  • Which European economies will see a recession?
  • What kind of recession is likely?
  • What is driving the economic downturn?
  • What are the upside and downside risks?
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Erik Lundh Klaas de Vries Ataman Ozyildirim Konstantinos Panitsas
Is Europe on the Cusp of a Recession?
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Is Europe on the Cusp of a Recession?

SEPTEMBER 14, 2022

The war in Ukraine has undermined Europe's economic recovery from COVID-19 and introduced a powerful new shock to the continent. High energy and agricultural prices are stoking a surge in inflation that's forcing the region's central banks to tighten monetary policy more rapidly than expected. A recession now seems likely.

Join us to explore the following questions:

  • Which European economies will see a recession?
  • What kind of recession is likely?
  • What is driving the economic downturn?
  • What are the upside and downside risks?

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