(ANSA) - DAVOS, 25 MAY - "The forecasts, also on the basis of the data from the European Commission, indicate that we will not have a recession, even if we see risks associated with developments in Eastern Europe and energy prices, which if they remain very high will not help".
Economy Minister DanieleFranco said this during a panel at the World Economic Forum in Davos.
"I believe - he added - that the ECB will have to balance the need to control inflation with the need to avoid another recession in Europe, it is a difficult balance".
"We all know that rates will go up, the point is the rate at which they rise" and the fact that much of inflation in Europe is supply-related, linked to energy prices, "I believe that first of all it should make us focus on energy prices, and then it should be considered in the speed. with which rates are raised ", he stressed.
(HANDLE).
