- Confirms reports of 2.2% GDP growth forecast this year and 2.5% in 2023
- Expects 6.1% inflation in 2022 and 2.8% in 2023
- Aim is, as before, to return to debt brake in 2023
- 2.2% growth forecast doesn't envision energy embargo
This is the crux of the issue; how much economic pain are Europeans ready to tolerate? Natural gas prices are up 9% today on the latest sanctions drama.
The euro has broken major support today, falling through the pandemic lows:
