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IMF warns energy shock could push Europe towards higher inflation and slower growth
The International Monetary Fund (IMF) has projected slower economic growth and higher inflation for Europe in 2026 due to an energy shock stemming from the Middle East conflict. Alfred Kammer, director of the European department at the IMF, said the region faces a new economic challenge that demands robust macroeconomic policies and structural reforms. Kammer noted that the European Union expects a growth rate of only 1.3 percent for the current year. [...]