Dozens of countries face inflation growth by 1.5% due to war in Iran — EBRD
Business & Economy
April 15, 14:17
The EBRD estimates that oil prices will settle at $100 per barrel "for a long period of time"
BRUSSELS, April 15. /TASS/. Dozens of countries of the world where the European Bank for Reconstruction and Development (EBRD) is operating face inflation growth by 1.5% in case the conflict in the Middle East continues, EBRD President Odile Renaud-Basso said.
"The longer it [the war of the US and Israel against Iran - TASS] lasts and if it becomes more serious, with the escalation that we see <…> the impact is becoming deeper," she told Euronews television in an interview.
The EBRD estimates that oil prices will settle at $100 per barrel "for a long period of time," she noted.
The economic growth in countries where the EBRD is operating will slow down by 0.4 percentage point. , the EBRD President said.