European Central Bank board member Enegger: The European Central Bank's assessment of the situation in Iran falls between the baseline scenario and the adverse scenario.

date
16/04/2026
European Central Bank Executive Board member Nagel said that due to the impact of the Iran conflict, the Eurozone economy has deviated from the European Central Bank's baseline scenario and has shifted towards a more serious development trend. The German central bank chief made these remarks at the International Monetary Fund Spring Meetings in Washington, stating that the situation related to this conflict is "extremely unclear," so the European Central Bank must retain all policy options. In an interview on Wednesday, he said, "I believe the current situation is somewhere between our baseline scenario and a negative scenario. Going forward, we need to observe how things develop, and I would be very happy if we could return to the baseline scenario."