The looming stagflation, a toxic mix of high inflation, slow growth and high unemployment, is making economists worried, as it would have not only difficult economic, but also political consequences, in the EU.
On Monday (23 May) EU commissioners Valdis Dombrvoskis and Paolo Gentiloni are expected to set out the commission's assessment of EU's economies and how they will develop in light of Russia's invasion of Ukraine and the fallout from the Covid-19 pandemic.
The two are also...
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? LoginEszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.
Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.