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Response to EU financial crisis lacks coordination

Jerome Hughes
Press TV, Brussels

Millions of businesses across the European Union are struggling to stay open due to unprecedented costs relating to energy and supplies. 

Inflation is through the roof. Poverty is on the rise. EU finance ministers have been told there needs to be a more coordinated response.

Most EU nations are also members of NATO. An EU army is being developed. Social inequality is a growing problem but there is no end of money for lethal weapons.

Even Pope Francis says the war in Ukraine was provoked or not prevented by the West. Last September, an EU agency outlined the incredible scale of corruption in Ukraine. Despite this, Kiev looks poised to join the 27-nation bloc.

Economists say sanctions against Russia are going to push up prices in the EU even more.

And some suggest euroscepticism is going to rise like never before, resulting in the EU project crumbling by the year 2030. 


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