A Deep Dive Into 2017 European Growth, Inflation

The video discusses eurozone inflation, highlighting the lack of core inflation growth despite potential strong eurozone inflation. It examines German inflation, influenced by oil prices and erratic elements like package holidays. The video explores wage dynamics in Germany, noting subdued wage growth despite low unemployment. It concludes with an analysis of recession risks in Europe, emphasizing the need for fiscal discipline and the impact of external demand on economic stability.

Discuss the potential risks of recession in Europe as mentioned in the text.

What external factors could influence domestic demand in Europe according to the text?