(BRUSSELS) — Russia’s war in Ukraine is expected to wreak havoc with the European Union’s economic recovery for the foreseeable future with lower annual growth and record-high inflation, the bloc’s economic forecast showed Thursday. The summer figures for the 19-nation eurozone set inflation to reach an average of 7.6% this year, a major increase from its earlier expectation of 6.1%.

BING NEWS:
  • Russia-Ukraine War
    The flow of grain ships through ports in the Odesa region is a welcome boost for Ukraine’s war-ravaged economy ... a dire situation as Russia tried to push its advantage before the first ...
    05/16/2024 - 6:03 am | View Link
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