Universal government spending may lead to higher inflation in Eurozone, Brussels warns

Video Credit: euronews (in English)
Published on November 7, 2022 - Duration: 01:15s

Universal government spending may lead to higher inflation in Eurozone, Brussels warns

The European Commission has warned eurozone countries that the "significant" fiscal expansion they are adopting to fight the energy crisis may worsen inflation.

It urged common-currency nations to move towards more targeted measures that support only vulnerable households and businesses.


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