European and Central Asian energy exporters remain vulnerable to swings in commodity prices
Energy
- 06 October, 2021
- 05:46
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The energy exporters of Europe and Central Asia - Azerbaijan, Kazakhstan, and Russia - remain vulnerable to large swings in global commodity prices, particularly when accompanied by heightened volatility, Report informs, referring to Europe and Central Asia Economic Update by the World Bank.
According to the document, a slower-than-expected recovery in the euro area, ECA’s largest trading partner, could generate negative spillovers in economies with tightly linked trade and financial ties.
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