Executives in Europe expect the conflict in the Middle East to worsen macroeconomic conditions and bring higher energy costs over the next six months, according to a poll from The Conference Board® this month on the conflict’s likely impact on organizations across the continent.
Executives in Europe expect macroeconomic instability, higher energy prices, and logistics disruptions to be the top impacts of the Middle East conflict. Recent developments in the region are heightening concern about possible economic spillovers to Europe. While the scale of the impact remains uncertain, executives anticipate the primary effects will be worsening macroeconomic conditions, rising energy costs, and logistics disruptions. These three factors were most frequently cited by respondents as likely to affect their organizations over the next six months.
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