Report
The European economy and Vladimir Putin’s gas
The war between Russia and Ukraine concerns a region to which Europe exports little (0.8% of its GDP). With very few exceptions, the exposure of its banks is low (<1% of RWA). At first glance, the event seems bearable from a macro and financial point of view. However, this conflict may deepen and prolong the disruption of the energy markets, especially gas, which have already been under severe pressure for several months. This could cause European consumers (shock to purchasing ...
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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