consequences of russia s invasion in ukraine. it s sending shock waves around the world and the world economy growth forecast has been downward considerably and the same is true in the eu the german economy grows in the first quarter despite the headwinds of the ukraine war and supply chain crunch. ukraine s minister tells us he is confident in the strength s recovery. we re not destined to a recession. we have a good carry over to the expansion after the covid crisis but, of course, in very troubled water. the ecb warns that rising inflation and growth risks are exacerbating vulnerabilities in the euro zone saying russia s invasion of ukraine only makes matters worse and there s more weakness to come the data out of the biggest economy helps lift sentiment leading european equities higher in early trade we welcome you back and open the show with this, the ecb s latest financial stability review, it is warning that rising inflation and growth risks are exacerbating ex