Publication: Profit.ro
What happened on Saturday, February 28, is not just another regional spark in the Middle East powder keg.
The US-Israeli attack on Iran and its retaliation is the trigger of a crisis that threatens to demolish the economic foundations of the European Union.
While Washington looks at the crisis from the position of a global military, political and economic power, a net exporter of energy, and Asian countries recalibrate their logistical routes, Europe finds itself caught in a „stagflation trap” that exposes all the structural vulnerabilities it has accumulated over the past decades.
