15
Feb
2023
Watch
European Central Bank - annual report 2022 (debate)
Madam President, ladies and gentlemen, Commissioner, Madam President, Europe is facing a situation of great economic and financial uncertainty. The conflict in Ukraine has led to soaring energy and commodity prices. According to Eurostat, euro area inflation increased by 9.2% per year. After raising interest rates by 50 basis points in July last year, the ECB decided to continue with steady increa…