Europe Dashes into a Massive €700 Billion Debt Crisis

World Economy

Europe Dashes into a Massive €700 Billion Debt Crisis as Russia Ukraine War Rages On amid pan-European Energy Crisis. European Union governments have pledged more than 500 billion euros to protect citizens and businesses from soaring energy costs over the past year. That’s not all. If Europe’s support for utilities via loans, bailouts and nationalizations is taken into account, the figure climbs up to over 700 billion euros. Watch to know more.

Credit CRUX

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