"Energy supply is likely to remain a key issue for the European economy over the coming months," said Kristina Clifton, a currency strategist at Commonwealth Bank of Australia. "The euro can trade below parity, more than just briefly (and) sooner rather than later."
"This process has been and will likely to continue to be a protracted process," said CBA economist Kristina Clifton. "In fact, we see business investment continuing to be a drag (albeit moderating over time) on GDP growth in the next couple of years."