Eurozone & Israel

Eurozone: The Eurozone is experiencing inflation above the European Union — European Central Bank's target, driven by increased energy costs due to the Iran war, and is facing mediocre economic growth.

Israel: Israel, in conjunction with the United States, launched strikes against Iran and is engaged in an intensifying military campaign against Hezbollah in Lebanon, contributing to regional instability and the ongoing conflict.

Eurozone: The Eurozone economy experienced a sharp weakening in its private sector expansion in March, with overall demand falling for the first time in eight months, largely due to the Middle East war.

Eurozone: The Eurozone, comprising 21 European countries, is hard hit by soaring natural gas prices due to the Iran war, leading to a downgraded growth forecast.