. Granular European data on inflation, firms, and banks confirm this mechanism. Industry-country pairs affected by a rise of … labor, which results in lower productivity, investment, and value added. Without a rise in zombie credit, inflation in …

Eurozone. The inadequacy of the first two theories in this regard is demonstrated and their failings in this context are …

. Meanwhile, inflation is no longer driven by energy import prices, but by domestic factors. The increased profit margins of … companies are a major reason for persistent inflation. In this difficult environment, the trade unions are faced with the …

Economic growth has tumbled across Europe, inflation remains too high, and financial sector risks have materialized …. Taming sticky inflation while avoiding financial stress and a recession will require tighter macroeconomic policies …

In 2021-22, inflation in Europe soared to multidecade highs, consistently exceeding policymakers' forecasts and … surprising with its wide cross-country dispersion. This paper analyzes the key drivers of the inflation surge in Europe and its …'s economies. Inflation is more sensitive to domestic slack and external price pressures in emerging European economies compared to …