Europe's economic recovery from the coronavirus pandemic fallout is taking a hit from Russia's invasion of Ukraine.
Higher inflation and slower growth are among the projections the European Commission on Monday (16 May) announced.
"The war has clearly exacerbated the headwinds that were previously expected to gradually fade," economy commissioner Paolo Gentiloni told reporters in Brussels.
A surge in energy prices comes as the European Union tries to wean itself off Russian ...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login