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The impact of the Ukraine crisis in the EU economic and financial union
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2467-4540
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Policy Briefs; 2022/43; Florence School of Banking and Finance
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SANDOVAL VELASCO, María Del Carmen, BECK, Thorsten Harald Leopold, SCHLOSSER, Pierre, The impact of the Ukraine crisis in the EU economic and financial union, Policy Briefs, 2022/43, Florence School of Banking and Finance - https://hdl.handle.net/1814/74815
Abstract
The war in Ukraine and the resulting security crisis are challenging the EU's financial landscape and will have long-term consequences for the European economy. The Russian invasion of Ukraine is having a significant impact on EU’s policy agenda and the EU policy responses to this crisis are likely to bring about major transformations in the EU as a polity and in the financial and fiscal spheres, particularly in terms of actors, instruments and rules. This policy brief explores these issues by focusing on two aspects: the macroeconomic consequences and the potential changes in the EU fiscal and financial landscapes.