IMF cuts euro area growth forecast on Middle East war

PSX Update • Jul 16, 2026

The International Monetary Fund (IMF) has cited the ongoing Middle East conflict as a key factor dragging down the euro area's growth prospects while adding to price pressures, pointing to disrupted energy supplies and tighter financing conditions as

July 16, 2026 (MLN): The International Monetary Fund (IMF) has cited the ongoing Middle East conflict as a key factor dragging down the euro area's growth prospects while adding to price pressures, pointing to disrupted energy supplies and tighter financing conditions as the main channels of impact. Following the completion of its 2026 consultation on common euro area policies, growth projections were revised down t...