The euro-zone economy has shifted beyond the European Central Bank’s base case and toward a more painful outcome due to the Iran war, according to Governing Council member Joachim Nagel. https://www.bloomberg.com/news/articles/2026-04-15/nagel-says-ecb-between-baseline-and-adverse-outcomes-on-iran?taid=69dfb42fd30a260001cd89c9&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter