Fragmentation could lead to deflation in eurozone – panellist
Chinese and European exports are converging, firms need to decide between resilience and efficiency
Exports from China and the eurozone largely overlap, and this could create a strategic vulnerability for Europe if geopolitics take a turn for the worse, a panellist at the European Central Bank’s annual forum in Portugal has said.
Ana Maria Santacreu, an economic adviser for the Federal Reserve Bank of St Louis, presented her new paper at the forum in Sintra on July 2. In the paper, Santacreu and her colleagues Florencia Airuado, François de Soyres and Alexandre Gaillard examine trade data from
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