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ECB’s Stournaras Says Euro Area Resilient Amid Middle East Energy Shock

ECB’s Stournaras Says Euro Area Resilient Amid Middle East Energy Shock

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras said Thursday that the euro area economy had remained resilient despite the energy shock caused by the Middle East conflict, supported by a strong labor market, external demand and increased defense and infrastructure spending.

24 September 2026

ECB Tone Meter

Entire Governing Council

27 Members
Very Dovish
Very Hawkish

Executive Board

6 Members
Very Dovish
Very Hawkish

Evolution

Governing Council vs. Executive Board

As of 24 September 2026

Meeting Bias

ECB Governing Council Meeting