Which European countries are most vulnerable to surging energy prices?
It’s better to be a consumer in Sweden than Britain
Europe is facing an enormous energy-price shock. But not all Europeans are set to see the same hit to their living standards. According to estimates by the imf, the burden for the average family in Finland will be equivalent to an additional 4% of household spending. The picture is considerably grimmer a two-hour ferry ride across the Baltic Sea. In Estonia households face a hit of around 20%.
This article appeared in the Finance & economics section of the print edition under the headline “Putin’s present”
Finance & economics August 13th 2022
- An oil windfall offers Gulf states one last chance to splurge
- How should investors prepare for repeat inflation shocks?
- For a change, American inflation is lower than expected
- Which European countries are most vulnerable to surging energy prices?
- China’s mortgage boycotts are a symptom of a broader crisis
- Short-sellers are struggling despite a bad year for stocks
- America v Europe: A comparison of riches leaves both sides red-faced
From the August 13th 2022 edition
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