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Event Brief

ECB’s Stournaras flags recession risk from Middle East disruption

Yannis Stournaras said euro-area recession concerns are real as Middle East conflict disrupts supply.
WHO: Yannis Stournaras
WHAT: Interview warning of euro-area recession risk due to supply-side disruption
WHEN: May 3, 2026 at 3:36 PM ET
WHERE: Euro area
WHY: The recession concern is triggered by conflict in the Middle East causing a supply-side disruption.

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