Orcel Sees Europe Avoiding Recession This Year; Still Uncertain

The transcript discusses the current economic indicators, highlighting a decrease in non-performing loans and a compressing cost of risk. It explores potential economic shocks, considering factors like inflation, GDP, and geopolitical risks. The discussion includes projections for inflation and economic growth in Europe, suggesting a flat or slightly positive outlook. Risk management strategies are emphasized, with a focus on provisioning and maintaining buffers to handle potential shocks.

What is the speaker's view on inflation for the year?

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What measures has the speaker taken to prepare for potential economic shocks?

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