Economic Challenges and Policy Issues in the Emerging European Economies

Abstract

In recent years, the major European economies have responded boldly and imaginatively to the path of economic recovery, but they still face major challenges on two levels: the economic level and what policy measures need to be taken to address them in light of the current economic situation. From an economic point of view, the major European economies also have their own more obvious problems to face due to the repeated epidemics and the general challenges caused by the high inflation rates. Due to rising energy prices and supply shortages in some industries caused by the Russo-Ukrainian war, high inflation has recently swept Europe, repeatedly breaking records, and will continue to plague Europe. In this regard, European economies have provided appropriate policy support, ranging from monetary policy to cooperation with other economies. European economies are actively responding to the economic crisis and looking for new opportunities. This time, however, the European economy Whether the recovery can bring its economy back to the level before the new krona epidemic and to what extent the shadow of the epidemic brought by the new mutant virus Omikron will have a potential impact on the European economic recovery is not yet clear. The recovery of European economies is stagnant and protracted.