{"id":447088,"date":"2026-03-09T15:50:17","date_gmt":"2026-03-09T14:50:17","guid":{"rendered":"https:\/\/www.eunews.it\/2026\/03\/09\/iran-dombrovskis-avverte-rischiamo-la-stagflazione\/"},"modified":"2026-03-09T16:42:11","modified_gmt":"2026-03-09T15:42:11","slug":"iran-dombrovskis-warns-we-risk-stagflation","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2026\/03\/09\/iran-dombrovskis-warns-we-risk-stagflation\/","title":{"rendered":"Iran, Dombrovskis warns: &#8220;We risk stagflation&#8221;"},"content":{"rendered":"<p>Brussels &#8211; High producer and consumer prices, with economic activity at a standstill: <strong>the spectre of stagflation is once again looming over the European Union<\/strong> as a consequence of the<a href=\"https:\/\/www.eunews.it\/en\/2026\/03\/02\/eu-condemns-irans-inexcusable-attacks-in-the-region-as-the-us-and-israel-continue-their-strikes\/\" target=\"_blank\" rel=\"noopener\"> war in Iran and the Middle East<\/a>. The Commissioner for Economic Affairs, <strong>Valdis Dombrovskis<\/strong>, makes no secret of the scenario that is beginning to be discussed in Brussels: a real, deep crisis in which everything costs a lot and there is no growth.&nbsp;<\/p>\n<p>&#8220;If the conflict lasts only a few weeks, then there would be no major consequences&#8221; for the global economy. Conversely, Dombrovskis warns before the start of the Eurogroup meeting, &#8220;<strong>a protracted conflict with Iran and in the Middle East could generate significant stagflationary shocks <\/strong>for the global and European economy, with higher energy prices, higher overall inflation, and tighter financing conditions.&#8221;&nbsp;<\/p>\n<p>We must be prepared for the worst, and the College of Commissioners, as the Commissioner for Economic Affairs admits, is already working on it: &#8220;<strong>We have possible common solution plans,<\/strong> and we will discuss them,&#8221; Dombrovskis simply states, aware of what is at stake.&nbsp;<span class=\"HwtZe\" lang=\"it\"><span class=\"jCAhz ChMk0b\"><span class=\"ryNqvb\"><span style=\"margin: 0px;padding: 0px\">So much so that he anticipates&nbsp;<span style=\"margin: 0px;padding: 0px\"><strong>that one possibility under consideration is &#8220;the release of our oil reserves<\/strong>&nbsp;to respond to these supply disruptions&#8221; and to control prices that have risen due to the supply stoppage, thereby&nbsp;<\/span>eliminating or at least postponing the risks of stagflation looming on the horizon.<\/span>&nbsp;<\/span><\/span><\/span><\/p>\n<p>&#8220;<strong>We are in crisis management mode<\/strong>,&#8221; admits the president of the <a href=\"https:\/\/www.consilium.europa.eu\/en\/eurogroup\/\" target=\"_blank\" rel=\"noopener\">Eurogroup<\/a>, <strong>Kyriakos Pierrakakis,<\/strong> before the start of proceedings. &#8220;Energy policy must remain high on the agenda,&#8221; given that &#8220;the energy effects of the war are clearly visible.&#8221; Faced with a suddenly extremely delicate situation, &#8220;coordination&#8221; remains essential, as Pierrakakis loudly calls for.&nbsp;<\/p>\n<p>In France, both the Commission and the Eurogroup have found an attentive and responsive ally: &#8220;I have convened a meeting of the G7 finance ministers, and we have agreed to hold meetings whenever necessary over the coming weeks,&#8221; announced French Finance Minister Roland Lescure. &#8220;We agree to keep our attention focused on the situation.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Commissioner for Economic Affairs admits that the ongoing war in the Middle East could deal a severe blow to the global and European economy, with high inflation and stagnant growth. Pierrakakis: &#8220;We are in crisis management mode&#8221;<\/p>\n","protected":false},"author":494,"featured_media":348928,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","show_comment_section":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705],"tags":[25828,26107,27569,33066,27337,33308,25979],"class_list":["post-447088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-eurozone-en","tag-inflation-en","tag-iran-in-2","tag-kyriakos-pierrakakis","tag-middle-east-en","tag-stagflazione","tag-valdis-dombrovskis-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/447088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/494"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=447088"}],"version-history":[{"count":1,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/447088\/revisions"}],"predecessor-version":[{"id":447089,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/447088\/revisions\/447089"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/348928"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=447088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=447088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=447088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}