European Central Bank ‘very attentive’ to economic risks from Israel-Hamas war

By AFP 26 October 2023, 4:32 pm

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File: International Monetary Fund (IMF) Managing Director Christine Lagarde speaks in Washington, April 13, 2019. (AP Photo/Jose Luis Magana)

The European Central Bank is “very attentive” to economic risks posed by the conflict between Israel and Hamas, ECB president Christine Lagarde says.

Referring to the crisis in the Middle East as well as the war in Ukraine, she says: “We are monitoring the situation, we are very attentive to the economic consequences that that could have, whether in terms of direct or indirect impact on energy prices, or the level of confidence that economic actors will continue to display.”