Europe’s Next Recession
The risk of a recession is high and, with the euro zone facing so many challenges, we invite you to watch our European Economics Team discuss our new scenario: Europe’s Next Recession.
Europe is struggling against the headwinds created by the Russian invasion of Ukraine. Unprecedented rates of food and energy inflation have eroded consumer incomes and squeezed corporate profits. There is a real concern that Europe will not have sufficient gas to get through the next winter and households, firms and financial markets alike have turned gloomy about the prospects for growth.
Over the course of the webinar, we will explain:
- Europe’s vulnerabilities and its greater sensitivity to the Russian invasion of Ukraine.
- The path of inflation in recession
- Plausible actions of fiscal and monetary policy
- The impact on activity, labour and asset markets
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SpeakersGaurav Ganguly Head of EMEA Economics Moody's
Kamil Kovar Associate Director - Senior Economist Moody's Analytics
Barbara Teixeira Araujo Assistant Director - Economist Moody's Analytics
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Dr. Gaurav Ganguly is the Chief European Economist and Head of the Climate Change Group at Moodys Analytics. Gaurav is an expert on a number of international economies having spent several years analysing and commenting on countries across Europe, Asia and the Americas. Gaurav has previously worked in financial services, consulting and audit. He was a research fellow at the Grantham Institute for Climate Change at Imperial College in London, where he developed a framework for using climate scenarios within financial institutions. He currently teaches Environmental Economics at Imperial College. He did his PhD in Economics from the University of Oxford.