Russia sanctions vs recession risk in Europe: EU states look to stem rising inflation
By France24
26 June 2022 |
1:55 pm
Since Russia invaded Ukraine four months ago, the cost of living crisis has become a global issue. Prices have gone up around the world. In Europe, the countries that use the euro saw an average of 8.1 percent inflation in May. Pressure on prices, combined with stuttering economic growth, has sparked fears of a recession. These concerns could still come into play regarding the EU's response to the Russian invasion of Ukraine. In this programme, we're joined by two MEPs to discuss how the EU should balance sanctions against Russia with the risk of recession.
In this article
Related
Related
4 days ago
EU chief Ursula von der Leyen and Italy's premier Giorgia Meloni have visited a migrant center on Italy's southernmost island after a surge in the number of migrants arriving there.
23 Sep
EU chief Ursula von der Leyen and Italy's premier Giorgia Meloni have visited a migrant center on Italy's southernmost island after a surge in the number of migrants arriving there.
23 Sep
During a visit to the island of Lampedusa, Italian Prime Minister Giorgia Meloni and European Commission President announced plans to address the surge in migrant arrivals.
19 Sep
Brussels has slammed Tehran's decision to remove accreditation from several members of the International Atomic Energy Agency. Reports have suggested the move affected eight inspectors, all from Germany and France.
20 Sep
At the same time the global economy was forecast to do slightly better in 2023. But the effects of tight monetary policy are expected to be felt for a while yet.
20 Sep
Alphabet's Google on Tuesday made a last-ditch effort at Europe's top court to overturn a 2.42 billion euro ($2.6 billion) EU antitrust fine imposed for market abuse related to its shopping service, saying that regulators failed to show that its practices were anti-competitive.
24 Sep
Cooperation between Tunisia and the EU to limit irregular migration is proving difficult. Both parties have something to win and much to lose.
22 Sep
The Pope is heading to Marseille in southern France. He's expected to deliver harsh comments on the living conditions of migrants.
24 Sep
Not for the first time, EU leaders are facing growing calls to take a firmer line with Azerbaijan. With a gas deal in place and myriad geopolitical considerations, hopeful Armenians shouldn't hold their breath.
24 Sep
Germany's president is in Italy amid tensions between Rome and Berlin over migration. He and his Italian counterpart appealed for a peace deal in flood-hit and wartorn Libya, one of the key launching points in Africa.
4 days ago
European governments have a duty to rescue asylum seekers who cross the sea to escape conflict, Pope Francis said in Marseille. He called it "a duty of humanity" to save people in difficulty.
25 Sep
The UN chief has called it an epidemic of coups. In Africa, since 2020, military officers have seized power, or attempted to do so, in numerous sub-Saharan countries. Just in the last two and a half months, soldiers in Gabon announced a takeover of power, while in Niger, members of the presidential guard detained President Mohamed Bazoum and announced that they were seizing power.
Latest
14 mins ago
Armenia could become less dependent on the Collective Security Treaty Organization (CSTO) for its security. It could also join the International Criminal Court (ICC), which issued an arrest warrant for Vladimir Putin.
14 mins ago
The EU has approved changes to its asylum policy but a late amendment is now on the table. The German foreign minister warned Berlin won't back plans to allow more flexibility during periods of large-scale migration.
14 mins ago
Australia is at “rock bottom” after a record defeat to Wales left Eddie Jones and the Wallabies on the brink of an “embarrassing” group-stage World Cup exit, as the media turned on the team following a humiliating night in Lyon.
56 mins ago
Known for championing new talent, up and coming British Yoruba designer Tolu Coker showed at London Fashion Week on Monday bringing an all Black cast to the runway.
2 hours ago
Pakistan has seen an upsurge in terrorist attacks since the Taliban retook power in neighbouring Afghanistan in August 2021. A large proportion of these attacks are carried out by the TTP, also known as the Pakistani Taliban, against security forces. Faced with this new threat, the Pakistani police are now taking on the role of a counter-terrorism force. They must not only maintain law and order, but also protect themselves from terrorist attacks. Our correspondents report.
2 hours ago
The Turkish president met with his Azerbaijani counterpart in a show of support after Baku seized control of the separatist enclave of Nagorno-Karabakh, which has a majority Armenian population.