Europe facing 'stagflationary shock'

We are live in Paris at the G7 finance ministers’ meeting where European Commissioner Valdis Dombrovskis tells us that Europe is facing a stagflationary shock amid the energy crisis while French finance minister Roland Lescure says lawmakers need to work to reassure bond markets. Crude prices fall slightly after U.S. President Trump says he postponed fresh strikes on Iran, citing diplomatic progress on ending the conflict with Iran. Elon Musk loses his case against OpenAI after jurors ruled the Tesla CEO had filed his suit too late to proceed. Musk had claimed the ChatGPT maker had violated an agreement to only run the AI start-up as a charitable non-profit organisation.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What this episode covers

We are live in Paris at the G7 finance ministers’ meeting where European Commissioner Valdis Dombrovskis tells us that Europe is facing a stagflationary shock amid the energy crisis while French finance minister Roland Lescure says lawmakers need to work to reassure bond markets. Crude prices fall slightly after U.S. President Trump says he postponed fresh strikes on Iran, citing diplomatic progress on ending the conflict with Iran. Elon Musk loses his case against OpenAI after jurors ruled the Tesla CEO had filed his suit too late to proceed. Musk had claimed the ChatGPT maker had violated an agreement to only run the AI start-up as a charitable non-profit organisation. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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How long is this episode of Squawk Box Europe Express?

This episode is 28 minutes long.

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This episode was published on May 19, 2026.

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