ECB’s Elderson Issues Stark Warning on Inflation Threats Linked to Environmental Degradation

The European Central Bank (ECB) Vice President, Luis de Guindos, presented a concerning outlook regarding the intertwining relationship between environmental degradation and inflation. In a recent statement, he underscored the potential risks that the degradation of natural ecosystems poses to the stability of prices across the Eurozone. His remarks come amid rising concerns about sustainable economic growth in the wake of intensified climate change challenges.

Continue reading