The collapse of Silicon Valley Bank in the US and the collapse of Credit Suisse in Switzerland, together with the panic in the financial markets and the liquidity crisis in other regional US banks, rightly revived the memory of the crisis of 2008-2010. And they made us wonder if we’re starting all over again.

Stock markets have experienced turbulencePhoto: Seth Wenig/AP/Profimedia

It’s a new wave of economic anxiety after three years of the global economy dealing with crisis after crisis.

So is another global economic crisis coming? Will Romania enter a recession? Why hasn’t this happened yet?

For answers, but especially for clarifying explanations, in an environment where there are too many predictions without arguments and data, we turned to an economist who made a controversial note last year. He was optimistic about what the European economy will look like in 2023. For now, it seems that he was not mistaken. Zholt Darvas is a senior fellow at Bruegel, an economic think tank in Brussels.

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