The French Finance Minister, Bruno Le Maire, indicated, on Tuesday 15 March, that the Ecofin Council had outlined “a common economic strategy” to respond to the impact on the European Union of the Russian invasion of Ukraine, a military aggression that is causing great uncertainty and “a sharp increase in the prices of raw materials” and “certain food products”.
According to Mr Le Maire, this coordinated response at European level has three components: - “support for all...