NGEU: execution is progressing, but we are approaching the moment of truth
Execution of the Next Generation EU (NGEU) funds through the Recovery and Resilience Plan continues to gain traction, although the schedule is tight and the final stretch will require increased efforts. Indeed, by the deadline of 31 August, all investments funded with…
15 April 2026
Geoeconomic exposure and strategic relevance of the Middle East
Global supply chains have been shaken once again following the joint US and Israeli attack on Iran and the subsequent spread of the conflict to other countries in the Middle East. Subject to uncertainty over the shock’s severity and duration, this episode is shaping up to…
15 April 2026
Energy tensions, inflation and monetary policy in the euro area
In March, the bombings exchanged between Iran and the US and Israel caused significant stress in energy commodities; Brent crude oil fluctuated around 100 dollars per barrel throughout the month, while TTF gas did so between 50 and 60 euros per MWh. This points to a…
