InternationalInternational Economics

Ukraine crisis undermines European economic development


The European Commission predicts that Russia’s special military operation in Ukraine will undermine the EU’s economic development.

Paulo Gentiloni, EU Commissioner for Economic Affairs, today in Conference A news outlet in Brussels made the prediction.

“This war will definitely weaken our path to economic recovery and growth. We are now waiting for the consequences, but (waiting) for a complete cessation of economic recovery,” he told reporters in response to a question about the possible consequences of Ukraine’s situation on the EU. Do not have.

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