The European Paradox: Out Of The War But Affected -- More Than The U.S. Itself

2026-03-05 17:00:07 ET

The U.S.-Iran war is shaking up the entire world, and the European Union is not an exception. Even though it currently wants to stay out, the paradox is that the consequences of this conflict affect mainly the Old Continent. In fact, the two business days following the war break out, the stock market indexes of countries like Spain, Germany and Italy (among the biggest EU economies) fell up to ~ 7%, much more than the S&P 500 (~ 2.50%)....

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