Technology sector and renewable energy cushion euro area against fresh shocks - Cyprus Mail

The euro area economy has weathered a fresh energy price shock better than expected , according to the European Central Bank (ECB), with improved energy efficiency, government spending and a global artificial intelligence investment boom helping to cushion the impact of geopolitical tensions. In a blog post, ECB officials Óscar Arce, Gerrit Koester and Beatrice Pierluigi said the economy had continued to expand despite renewed disruption to global energy markets, while warning that the factors supporting growth might not last.