It's been over one month since Russia started the invasion of Ukraine. Since the 24th of February, the EU, together with key allies such as the UK, the US and others, have approved up to five rounds of sanctions against Russia, targeting some of its most critical sectors but leaving - at least for now - gas and oil outside of the equation.
The invasion of Ukraine is adding upward pressure to energy markets, which were already the main obstacle to Spain’s recovery before the conflict. The precise effects of the crisis will depend on its scale and duration, but already the projections are for markedly higher inflation, significant cuts in consumer purchasing power and lower economic growt.
La invasión de Ucrania por parte de las tropas rusas, además de asestar un nuevo
golpe a la economía europea, marca un antes y un después en el orden económico
mundial.
Today we are back to cover sanctions, perhaps the word that's been pronounced the most in the EU political corridors over the last few weeks.