- Russia's invasion of Ukraine has caused several spillover effects, which for European economies are having an uneven impact at both the country and the subnational level.
- Regions specialized in sectors that have been adversely impacted by Russia's invasion of Ukraine are set to face worse economic growth outlooks than what is implied by the country-level trend.
- The negative spillover effects of Russia's invasion are most pronounced in the construction and manufacturing sectors.
For further details see:
Subnational Economic Spillover Effects After Russia's Invasion In Ukraine