European Commissioner uncertain in EU economy due to events in Middle East

The escalation of the Palestinian-Israeli conflict has only increased uncertainty in the economic situation in the EU, EU Commissioner for Economy Paolo Gentiloni said upon arrival at the Eurogroup meeting in Luxembourg, Report informs referring to TASS.

At the moment, increase in the uncertainty that already exists is the main impact on the European economy. Countries in the region have also been hit hard economically, he said.