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Moody's: Russian gas supply halt will weaken growth, fiscal metrics (in Germany & Italy)

Eamonn Sheridan
13/07/2022 | 20:46 GMT

Moody's on governments of Italy and Germany:

  • says halt to Russian gas supplies would significantly weaken growth and fiscal metrics

This is an obvious implication.

The euro was smashed (even more) in the first half of this week, helped along by a French official warning of gas supply shut off. This post from Sunday (Europe/US time):

  • ICYMI: France's Le Maire says a strong chance Moscow will totally halt gas supply to Europe

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