Developments following the Russian invasion of Ukraine find European economies facing several challenges which we are collectively called upon to manage in order to minimise the impact on European citizens, said today the Government Spokesman, Mr. Marios Pelekanos, referring to the proceedings of the second day of the Informal European Council in Versailles.
In a statement to the media, the Spokesman said that during the second day of the Informal European Council, the leaders' discussion focused on strengthening the resilience and competitiveness of the European economy.
Despite the significant recovery steps taken over the past year and the positive outlook implied by the implementation of the Recovery and Resilience Fund programmes, developments following the Russian invasion of Ukraine find European economies facing several challenges which we are collectively called upon to manage in order to minimise the impact on European citizens.
Among the issues discussed today was how to deal with the consequences arising from what
