Economic risks have 'intensified' since Iran war, says ECB

Middle East Eye · April 30, 2026 War

Economic risks have 'intensified' since Iran war, says ECB Risks to the eurozone growth and inflation outlook have "intensified" due to the war in the Middle East and its impact on global energy supplies, the European Central Bank warned on Thursday. The ECB kept its key interest rate on hold as a result of the risk, it announced. The central bank for the 21 countries that use the euro left its benchmark deposit rate at two percent, where it has been since June last year.

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