Inflation Era: Ukraine Crisis Poses ‘Significant’ Dangers to Eurozone

There are difficult months ahead for Eurozone nations, with the head of Europe’s central bank warning that the ongoing Ukraine Crisis poses ‘significant’ dangers to the currency union.

‘Significant’ dangers to do with supply chain issues and the rising costs of food and energy are now facing the Eurozone, the head of the European Central Bank, Christine Lagarde, has warned.

These impending dangers can all reportedly be traced back to the ongoing war in Ukraine, with Russia’s invasion of the country creating a number of significant economic pressures which appear to be threatening Eurozone nation-states.

According to a report by POLITICO, Lagarde has listed the war itself, along with issues with global supply chains, the high price of food, and rising energy costs as three major factors threatening the bloc.

Food hikes are largely linked back to Ukraine’s major role internationally in the supply of wheat and fertilisers, while Russia’s prominence in supplying Europe with gas has led to significant instability issues within the continent’s energy sector....

I have to wonder when, Putin got informed the ‘west’ was going to use Ukraine as means and methods to take him out…. And how many nations in the ‘West’, were in on godfather Joe’s regime change plans. The German government seems to be totally unprepared.

Did the ‘west’ inform the mighty Z what the plan was?

I know full well the overwhelming majority of Americans are clueless..

GonzoII :".. the ongoing Ukraine Crisis poses ‘significant’ dangers to the currency union.
‘Significant’ dangers to do with supply chain issues and the rising costs of food and energy are now facing the Eurozone,
the head of the European Central Bank, Christine Lagarde, has warned. "

"Too little, and too late" for a warning for the "Bread Basket of Europe" and economic catastrophy by Lagarde.
Surviving farmers may have abandoned their fields, and Russian troops have appropriated farm equipment to rescue damaged military equipment.
Which survivors wants to plow a field where unexploded munitions may be ?
The international community have relied on Ukraine to provide grains and crops which will not be forthcoming this year; planting time is now.
Now add to that the gasoline, fuel, natural gas and power issues, and supply chain problems, and you will understand much of the current concern over Ukraine.
World-wide inflation is to be expected for those countries willing to pay; and you can expect further aggravating problems for next year !
Now, what about the countries who are unable to pay ? Well...

“Have they tried to de-escalate the situation at all?”

Of course not. They look at Ukraine as their ticket to get rid of Putin, so they can run the world. So they’ll continue the war as long as needed.

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