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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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European Commission
Executive branch of the European Union
City of Brussels
Municipality of the Brussels-Capital Region and capital of Belgium