Europe's Economy: Recovery at last or just a temporary rebound? | The Dip Podcast
By DW News
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New Data suggests that the eurozone could be returning to growth. A remarkable set of data, considering the that this is the same period during the worst of the US-Israeli war with Iran. But there are many boobytraps for Europe ahead – one of the biggest ones is energy and the high prices that could once again come if a peace deal remains out of reach and the Strait of Hormuz remains closed. Will conflicts abroad continue to hammer European recovery? Or will it be inflation that pulls Europe into down into the doldrums once again. To sift the latest data, Kassandra Sundt speaks to ING’s Carsten Brzeski and Crystol Energy’s Carole Nakhle about whether the recovery is here to stay or just a brief moment in the sun. Chapters: 00:00 Introduction: Is Europe Finally Recovering? 00:43 Meet the Experts: Carsten Brzeski & Carole Nakhle 01:15 First Reactions to Europe's Economic Data 01:55 Why EU Growth Surprised Economists 03:34 Energy Markets Are Different This Time 04:24 Why Oil Prices
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