Source: International Monetary Fund – IMF (video statements)
Europe is once again under pressure. A renewed escalation of the war in the Middle East is adding to an already uncertain global environment—driving energy price volatility, complicating the inflation outlook, and testing Europe’s economic resilience. This comes at a time when growth remains subdued, productivity gains are limited, and fiscal space is increasingly constrained. At the same time, Europe faces rising demands: strengthening energy security, financing defense, advancing the green and digital transitions, and maintaining social cohesion. The challenge is no longer how to respond to a single shock—but how to operate in a world of repeated and overlapping shocks. In this Governor’s Talk, Alfred Kammer and Eurogroup President Kyriakos Pierrakakis will discuss how Europe can secure both stronger growth and greater resilience—by deepening integration, strengthening policy frameworks, and making difficult but necessary choices. https://www.imfconnect.org/content/imf/en/annual-meetings/calendar/open/2026/04/16/207106.html