Accents of Europe

The European economy impacted by the Ukrainian conflict

Audio 7:30 p.m.

What are the consequences of the conflict on the economy?

©Pixabay/Skyradar

By: Frederique Lebel

2 mins

As Europe reassesses its sanctions to put pressure on Russia, and weigh on the war in Ukraine, what are the consequences of the conflict on the economy?

According to several studies, world trade will contract by half, and the GDP of emerging countries should also be revised downwards.

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In Turkey, the war weighs more and more heavily on household purses.

Consumer price inflation hit new highs in March, at 61% year on year, according to official figures.

Starting with basic necessities such as wheat, barley and sunflower oil, which are imported from Russia and Ukraine.

In Istanbul, it's a report by

.

And in Germany, it is the automobile industry which bears the brunt of the war unleashed by Russia.

After the health crisis and the difficulties in supplying spare parts from China, several essential parts produced in western Ukraine are missing.

As a consequence, the shutdown of several factories.

From Berlin, the explanations of

.

Fish and chips quite a symbol

And this may seem anecdotal, but it is a symbol.

Fish and chips, fish and chips, the iconic and popular meal par excellence of the British, is also affected by the rise in food prices, in particular produced by Ukraine and Russia.

In London,

.

And the question of France's food autonomy

is brandished in these times of war and inflation as a form of security.

But according to a latest Senate report, more should be done.

Because imports have doubled in 20 years.

The solution: to revalue the profession of farmer.

And why not that of a farmer.

There are only a quarter of female farm managers.

Women who only recently won their social rights and their rights to work in France.

It is the report in the south-west of France by

.

The chronicle in one word: “ 

chapuza

 ”

And for our chronicle in one word, a word from our neighbors that we dissect and explain, our correspondent in Madrid

chose the word " 

 ", a Spanish word which means badly made, badly dowdy, and who has the art of enraging those who use it.

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• Turkey

• Ukraine

• Economy

• Germany

• UK

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• Agriculture and Fishing

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