European countries ready to adjust amid energy crisis, says Italian economist

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European countries ready to adjust amid energy crisis, says Italian economist

STORY: European countries ready to adjust as energy crisis deepens, says Italian economist DATELINE: Aug. 27, 2022 LENGTH: 00:03:37 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of economic-related footage 2. SOUNDBITE (English): RICCARDO PUGLISI, Economist, Department of Political Science, University of Pavia 3. various of economic-related footage STORYLINE: Europe's ongoing energy crisis is likely to have a negative short-term psychological effect on the continent's economic output, a leading Italian economist has said. However, in the long term, this may help spark a permanent shift in consumption patterns, he adds. According to Riccardo Puglisi, an economist in the Department of Political Science at the University of Pavia, the increase in energy prices is having a complex impact on economies. Global energy prices have spiked since the start of the conflict between Russia and Ukraine. This has had a particularly strong impact in Europe, where some of the main economies, including Italy

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