From the ECB to the UN: Concerns About a New Food Price Crisis in the Eurozone Rise

20minutos

Center

Factuality

Ownership

The UN warns that the world is on the verge of another episode of food inflation. The consequences of the wars in the Middle East and Ukraine are compounded by the effects of extreme weather events that, like 'El Niño', are wreaking havoc in Central and Northern Europe in the form of historical droughts. This context, which generates higher costs for producers and a decrease in crops, is also of concern to the European Central Bank (ECB).