
Europe’s Energy Crisis: End in sight or far from over?
Exchanges
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Exchanges at Goldman Sachs Podcast
In Yara, you just said mild recession, but are the risks to your view skewed to the upside or the downside in terms of growth? I think in the very near term, they're probably skewed a little bit to the upside, just given the momentum that we've seen in the data. During the winter, I would say that they still ask you to the downside along the lines and what Sam just described,. The winter an increase in gas prices, possible rationing of gas could bring me into play much more negative outcomes again for Europe. And so I do think that both for this winter and for next winter, that will continue to be a downside risk to the European outlook.
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