Spanish economist warns of Eurozone's sluggish economy in 2024
STORY: Spanish economist warns of Eurozone's sluggish economy in 2024
SHOOTING TIME: Dec. 20, 2023
DATELINE: Dec. 21, 2023
LENGTH: 00:02:05
LOCATION: BARCELONA, Spain
CATEGORY: ECONOMY
SHOTLIST:
1. SOUNDBITE 1 (Catalan): SERGI BASCO, Associate professor of economics at Barcelona University
2. SOUNDBITE 2 (Catalan): SERGI BASCO, Associate professor of economics at Barcelona University
3. various of street views of Spain
STORYLINE:
A Barcelona-based Spanish economist has recently warned that the Eurozone will see sluggish economic growth in 2024 as the continuing efforts to curb inflation may lead to unemployment.
SOUNDBITE 1 (Catalan): SERGI BASCO, Associate professor of economics at Barcelona University
"The European authorities are only concerned about inflation and in that sense, they're doing a good job because inflation is coming down, but the risk is that they overdo it and put interest rates up too much and we'll see an excessive slowdown in growth in 2024 and 2025"
The forecast for the Eurozone is
- Product Code
- ILEA002112958
- Registered date
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- Xinhua / Kyodo News Images
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