Assistance to Ukraine, which the European Union promised a couple of months ago, is pushed into the background after the aggravation of intra -European problems, Bloomberg reports.
Earlier, the Chairman of the European Commission Ursula von der Lyain proposed sending € 9 billion to Ukraine as emergency loans. However, while officials have agreed only on sending one billion euro.
When discussing this issue by the Minister of Finance of European countries, the European Commissioner for Economics Paolo Gentloni said that inflation in the eurozone is expected at the end of the year. In his opinion, governments should prepare for the consequences of the Ukrainian war and “ensure a strong economic reaction to them within Europe.” This is necessary to protect the inhabitants of European countries.
According to experts, the EU will face new challenges, since the ghost of the complete termination of Russian gas supplies and the tightening of monetary policy risks the region to push the region to the second recession in two years.