EU's economic outlook dimmed by inflation, energy crisis

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EU's economic outlook dimmed by inflation, energy crisis

STORY: EU's economic outlook dimmed by inflation, energy crisis DATELINE: Aug. 16, 2022 LENGTH: 00:01:57 LOCATION: BRUSSELS CATEGORY: ECONOMY SHOTLIST: 1. various of the views in European countries 2. SOUNDBITE 1 (English): OSCAR, Unemployed citizen in Germany 3. SOUNDBITE 2 (English): PAUL, Accounting manager in Germany 4. SOUNDBITE 3 (Hungarian): MARA KISS, Bakery shop owner in Hungary STORYLINE: The inflations in Europe have been constantly hitting new highs for quite a while, leading to weak consumption. In face of a potential energy supply shortage, the European Union's voluntary energy cut plans are also questioned. Under the attack by inflation and the energy crisis, the economic outlook in Europe has become increasingly bleak with a lingering risk of recession. Under the combined effect of several negative factors including the backlash of sanctions and the spillover effect of the United States' aggressive interest rate hikes, the ramifications of the surge in energy prices are seen everywhere in

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