Good times over for Europeans – think tank ...News

The energy crisis will continue to push inflation higher, according to Brussels-based Bruegel The cost-of-living crisis is expected to worsen across Europe, marked by increased food, fuel and electricity prices, according to Maria Demertzis, the deputy director of Brussels-based think tank Bruegel. She told Euronews on Thursday that the abnormal inflation is a result of skyrocketing energy prices, which “is affecting Europe a lot more than it has affected the US because we depend on Russia a lot more than others do.” Asked whether Europeans should brace themselves for higher costs, Demertzis said: “I think yes. I

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