Brussels Edition

Spain’s Economy Bucks EU’s Iran Concerns

Iran war’s impact on Europe’s economy beginning to take hold

Christine Lagarde, president of the European Central Bank (ECB) at the Association of German Banks annual reception in Berlin, Germany, on Monday, April 20, 2026.Photographer: Yen Duong/Bloomberg

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By John Ainger

April 30, 2026 at 1:02 PM UTC

Welcome to the Brussels Edition. I’m John Ainger, Bloomberg climate and energy reporter, bringing you the latest from the EU. Make sure you’re signed up.

The crisis in the Middle East is set to be a major economic shock for the world economy. But in Europe, not all countries are bearing the brunt just yet.