Europe Faces Inflation Risks in 'Weak Economy': Gentiloni

The video discusses the potential impacts of geopolitics on Europe, focusing on the recent conflict involving Israel and its possible effects on the economy, oil prices, and global trade. It highlights Europe's current weak economic state, which, while not in recession, presents mixed news. The discussion also covers concerns about how an escalation in the Israel-Hamas conflict could further affect business and consumer confidence, making it difficult to measure the economic impact at this stage.

In what ways could an escalation of conflict between Israel and Hamas impact business and consumer confidence in Europe?

Why is it considered too soon to measure the economic impact of the crisis?