Shoppers at a supermarket in Vienna, Austria. (Photo: AFP/VNA)

Inflation in the EU cools down

After many consecutive months of hitting record milestones, inflation rates in European Union (EU) countries have initially cooled down. The pressure has eased somewhat, but high prices are still a big risk, threatening to hinder the recovery and growth of the EU economy in 2023.
The gas pipeline of the Nord Stream 2 project in Lubmin (Germany). (Photo: AFP/VNA)

Challenge for EU’s climate goals

The increasingly serious energy crisis in the European Union (EU) has not only caused consequences for economic and social stability in member countries but also threatens to cast a shadow over the prospects for realising the bloc's climate goals.