“One of the things we have been calling for which they did during the pandemic is to freeze rents and to ban evictions,” she continued.
“So that people who are facing soaring costs and are just keeping a roof over their heads can have some alleviation from the ever increasing pressures that they’re facing with that.”Inflation The European Commission predicts that inflation will peak this year at 6.1% before falling back to 3.1% in 2023 - with the war in Ukraine the most significant factor driving the rise.
“By exerting further upward pressures on commodity prices, causing renewed supply disruptions and increasing uncertainty, the war is exacerbating pre-existing headwinds to growth, which were previously expected to subside,” the Commission concluded. Main image: A hand counting expenses of an electricity bill on smartphone calculator. Picture by: Sergio Monti / Alamy Stock Photo