Even before the Covid pandemic has subsided, Europe is now facing another major shock in the form of the Ukraine war. It is threatening economic growth and jobs, and the accompanying soaring inflation is hitting low-income households especially hard. In all this, it is unclear how long the war will last and how drastic the restrictions on energy supply will be.
In early March 2022, EU housing ministers met informally for the first time in almost ten years. They had much to discuss – the housing crisis in Europe is evident. There is no country, no region, and no city where people are not suffering from the rising cost of housing. The ministers’ response was ambivalent. […]
In January, consumer prices increased by 5.1 per cent in the Eurozone compared to a year ago, setting a record-high since the single currency was created more than two decades ago. Still, the European Central Bank (ECB) forecasts that the inflation rate in the Eurozone will stabilise and gradually decline over the course of this […]