Simkus Says Situation Is Moving Toward ECB’s Adverse Scenario

Gediminas Simkus.

• Gediminas Simkus The Iran war is pushing the euro-area economy closer to theEuropean Central Bank’s adverse scenario, Governing Council memberGediminas Simkussaid
• “A few weeks ago, the ECB published its scenarios for economic development: the main, the less favorable and the least favorable,” he told LRT
• lt in aninterview