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Inflation: Brussels will fly to the rescue of households and businesses

2022-03-15T20:18:33.423Z


Green light for State aid, budgetary flexibility, the Commission is bringing out the Covid tools. From our correspondent in Brussels The Latvian Valdis Dombrovskis had a very gloomy look on Tuesday in Brussels, at the end of the meeting of finance ministers of the European Union (EU) devoted to the repercussions of the conflict in Ukraine on European economies. The Executive Vice-President of the Commission enumerated the challenges facing Europeans as a result of “ this barbaric war ”. The


From our correspondent in Brussels

The Latvian Valdis Dombrovskis had a very gloomy look on Tuesday in Brussels, at the end of the meeting of finance ministers of the European Union (EU) devoted to the repercussions of the conflict in Ukraine on European economies.

The Executive Vice-President of the Commission enumerated the challenges facing Europeans as a result of “

this barbaric war

”.

The board is black.

Pressure on energy, food and raw material prices, market volatility, supply chain disruptions with negative ripple effects on consumer prices and investments, he said. he listed.

What effects on the level of activity in the EU, two years after the start of a pandemic which had already severely shaken the economies?

“There is obviously a lot of uncertainty.

This makes it impossible to reliably assess the economic impact that this whole situation will have.

Corn…

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Source: lefigaro

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